A snakes and ladders board with one long snake running from 100 back down to square 1

Much of the Western world’s economy is founded on the idea that knowledge work carries incredible value. This could be in the form of our designs, our rare knowledge, time-tested processes, or the novel materials that we develop.

Intellectual property law exists to protect the value of this work; nobody else may steal what we have spent our precious resources to create. Its scarcity begets its value. We’ve all grown up in a world where IP lawsuits are to be taken very seriously.

The barrier to entry used to be money: money which bought you people’s time, effort and talent in many forms. It wasn’t an efficient business (see: the end of organisations). Much of an organisation’s resources go into the business of simply running it.