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submitted 4 days ago by yogthos@lemmy.ml to c/economics@lemmy.ml
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[-] freagle@lemmygrad.ml 4 points 4 days ago

GDP in the US context is ridiculous. How much money is spent on DRM alone? From research and development to PR to legal to software development to hardware development to manufacturing. HDMI has DRM embedded in it, as do all devices that have an HDMI port.

And that's just to STOP the distribution of digital copies of media. It's literally ONLY negative productivity.

Then there's the IP-heavy sectors, which are predicated entirely on the artificial market created by the US IP regime, which includes tons of economic activity in litigation, lobbying, think tanking, and many people-intensive processes.

Then we've got an aggregate of billions in rebranding - fonts, colors, logos, slogans - which make brands indistinguishable from their former selves and each other.

And as Yog said, health insurance.

So many examples of billions just wasted.

this post was submitted on 20 May 2025
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