Software algorithms should not be patentable.

You should be able to own the right to bring a novel idea into production, after it’s generally available then it should have no protection.

Basically if you come up with an idea, you get to get the first initial rounds of profits to make it worth your while, that’s it.

ut could just be outplayed by a big corporation with enough money to copy this idea and sell it everywhere before he can even start production.

Which is also why Anti-Trust laws exist in pretty much every country and, when enforced, actually stop companies from becoming gargantuan Hydras.

In the US they haven't been implemented for too long, of course.

Sure for physical things that need prototypes and materials. That is not a thing with software.

It's usually fixed with a good competition. No one corporate can abuse the system if viable competitions exists.

But if I had to give some critique, then the duration for USA patent system is one that can create a money grab system by creating a costly dependency to a legacy system that has grown so long it is hard to replace.

Greed should be banned, not the patents. I feel like if wealth taxes were 50%+, people wouldn’t be incentived to jack up prices like this.

This is how it was before patent law. The sciences, arts, and commerce existed for thousands of years without these corporate laws. It is about creating artificial scarcity, which is an incredibly dumb concept in our modern world.

You need to eliminate the thought of the big guy stealing ideas from the little guy. This is propaganda used to play on our emotions. Intelectual Property benefits an extreme minority at the cost of billions of lives.

Patents are a way to spread knowledge, whole still offering some [time limited] protections. Before them, trade secrets were the norm, and way too much knowledge was lost with it's creators.