Subject: Re: Novel anti-software-patent article
From: Bernard Lang <>
Date: Mon, 10 Jan 2000 18:44:42 +0100

On Fri, Jan 07, 2000 at 12:57:09PM +0900, Stephen J. Turnbull wrote:
> The point of the rant/lecture is simply that in the U.S. over 50% of
> the public is fairly directly stockholders (and through pension funds
> and the like, that figure goes to 70% or 80%), so profits are
> benefits, _not costs_, to the public.

laugh ... that assumes that profit is indeed fairly redistributed
(not everyone benefits from pension funds, nor equally)

  It also assumes that pension funds will work in the long term ... and
AFAIK they never have in past history (but I am no specialist of that).

  More generally it also assumes that pension funds are economically
sound, which is doubtful, since they seem mostly to create a stock
market inflation from excess of currency for that market only. And
inflation on the stock market tends to feed on itself.

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