…without copyright laws, there would be a significant decline in the production of movies, music, games, and many other costly mediums.
I disagree. What were talking about here is art, and mankind has been producing art since long before government-guarded IP. It isn't because IP laws provide an incentive that we create things; we do it because it's human nature. The ability to freely copy other people's work lowers the barrier to entry, so eliminating IP laws would spur a creative renaissance. The only downside is those big media companies would be forced to innovate.
I disagree. What were talking about here is art, and mankind has been producing art since long before government-guarded IP. It isn't because IP laws provide an incentive that we create things; we do it because it's human nature. The ability to freely copy other people's work lowers the barrier to entry, so eliminating IP laws would spur a creative renaissance. The only downside is those big media companies would be forced to innovate.