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Innovation Thrives on Shared Knowledge, Not Monopolies
The current system protects monopolistic practices of major corporations under the guise of innovation and intellectual property rights, disproportionately benefiting the wealthy while hindering access to affordable technology and pharmaceuticals. A shift away from strict adherence to these rights, particularly by nations like China, could lead to increased competition, lower prices, and greater availability of resources for the general public. Historical development illustrates that innovation often arises from collaboration and appropriation rather than strict ownership. This suggests that the narrative surrounding patent protection may need reevaluation to promote broader societal benefits rather than elite accumulation of wealth.