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Cake day: March 28th, 2022

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  • The success of the Linux OS (operating system) that give rise to the Android mobile OS and the WordPress are prove that artificially scare goods like software does not need monetary incentive for innovation and production. Artificially scarce goods like software and knowledge have cost to serve the first consumer but not the other subsequent consumers which creates problem in traditional market incentive system that rely on high variable cost and no fixed cost. The incentive system that makes Linux OS succeed, under the rule that any improvement to the OS must be shared with others, incentivize development with the self-consumption by prosumer (people who produce and consume a good) and the ability to gain any benefit that others made to the OS.

    The Liberals tried to use government intervention like intellectual copyright law to force the artificially scarce goods to function like private goods, so that they can operate under the principle of the market economy, but the Capitalist government interventions always backfired with legal loopholes that allow a person to take ownership of intellectual work by other people like the other hypocritical government interventions by the Liberals against the free market.