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Does Intellectual property harm or help the general public?

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Does Intellectual property harm or help the general public?

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• Intellectual property harms general public of developing nations. Intellectual property rights harm the general public of developing nations, whom cannot afford to purchase foreign products, but still require the same funtionality or design of foreign products. • Intellectual property helps sustain businesses, employment. Intellectual property helps the general public of whom are employed by companies facing financial turmoil caused by competing companies counterfeiting and undercutting their products. • In a communist society there is no monetary incentive. Everything is distributed freely and equally to everyone. Forget intellectual property rights , there are no property rights either. Will you give up your home??? The communist manifesto has no place in this discussion.

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