Intellectual Property Monopolies in Global Development

The 1994 agreement on Trade Related Aspects of Intellectual Property Rights TRIPS led to a
radical shift in the functioning of the world economy. It was the result of intense lobbying by
Northern intellectual property intensive firms, set the international standards and objectives
for the protection of IP. This book uncovers the collusions between state and capital that
rendered possible the emergence of the harshest global intellectual property regulations to
date. The current global IP regime is akin to a mercantilist system in which states, far from
losing power against the growing internationalization of economic regulations, put their
capacities in service of their intellectual property-intensive corporations.