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Intellectual Property and the New International Economic Order - Oligopoly, Regulation, and Wealth Redistribution in the Global Knowledge Economy (Paperback)
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Intellectual Property and the New International Economic Order - Oligopoly, Regulation, and Wealth Redistribution in the Global Knowledge Economy (Paperback)
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In economic sectors crucial to human welfare - agriculture,
education, and medicine - a small number of firms control global
markets, primarily by enforcing intellectual property (IP) rights
incorporated into trade agreements made in the 1980s onward. Such
rights include patents on seeds and medicines, copyrights for
educational texts, and trademarks in consumer products. According
to conventional wisdom, these agreements likewise ended hopes for a
'New International Economic Order,' under which wealth would be
redistributed from rich countries to poor. Sam F. Halabi turns this
conventional wisdom on its head by demonstrating that the New
International Economic Order never faded, but rather was redirected
by other treaties, formed outside the nominally economic sphere,
that protected poor countries' interests in education, health, and
nutrition and resulted in redistribution and regulation. This
illuminating work should be read by anyone seeking a nuanced view
of how IP is shaping the global knowledge economy.
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