This logic does no justice to the objective financial harm being done to the creators/owners of valuable data/content/media.
“Financial harm” is a loaded term. People expected to make money and then didn’t, but is that a bad thing?
What if the US president declared that it is now a legal requirement that every American subscribe to a new paid tier of Facebook, and that declaration was rubber stamped by the lawmakers. Anybody who didn’t capitulate would be doing “financial harm” to Meta, but is that really a fair way to frame that? If a bully wants your lunch money and you resist, are you doing “financial harm” to the bully?
The way I see things, the initial copyright laws were a relatively fair trade: a 14 year monopoly on something, that could be renewed for another 14 years if the author was still alive. In exchange, everything after that term became part of the public domain. So, it would encourage people to produce writing, and the public would benefit because a reasonable amount of time later what was produced would be available to everybody at no cost. Modern copyright terms are a massive give-away to Hollywood, the record labels, etc. So, while it’s true that infringing copyright does reduce the potential amount of money a copyright holder might hope to receive, morally it’s closer to fighting off a bully than it is to theft.
“Financial harm” is a loaded term. People expected to make money and then didn’t, but is that a bad thing?
What if the US president declared that it is now a legal requirement that every American subscribe to a new paid tier of Facebook, and that declaration was rubber stamped by the lawmakers. Anybody who didn’t capitulate would be doing “financial harm” to Meta, but is that really a fair way to frame that? If a bully wants your lunch money and you resist, are you doing “financial harm” to the bully?
The way I see things, the initial copyright laws were a relatively fair trade: a 14 year monopoly on something, that could be renewed for another 14 years if the author was still alive. In exchange, everything after that term became part of the public domain. So, it would encourage people to produce writing, and the public would benefit because a reasonable amount of time later what was produced would be available to everybody at no cost. Modern copyright terms are a massive give-away to Hollywood, the record labels, etc. So, while it’s true that infringing copyright does reduce the potential amount of money a copyright holder might hope to receive, morally it’s closer to fighting off a bully than it is to theft.