I personally think that without some sort of patent system, there would be very little motivation to invest money in scientific discovery. "For the good of man" is not a motivator since another person could just come along, steal your idea and make money off of it with no recourse on your part.
While I do not agree with being able to patent things that occur in nature, such as DNA and algorithms (plus many more), I do feel that being able to patent discoveries where those items are used to create "something else", drives innovation and results in products that are "For the good of man".
Face it. Money drives the world. Without it and the goal of achieving it mankind would not be where we are today. Does greed exist? Sure. We are talking about mankind here.
BTW: I could not finish that video. That guy just rants too much in too many different directions...


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