Don't mean to put words in his mouth, but I believe he's saying the laws are draconian. Few argue for the outright abolition of IP, and the content you talk about should be protected to encourage the producer to prosper. Its just the "Life + 70 Years" that is draconian.
You're right about the what but not about the why - IP laws should be protected to encourage the progress of Arts and Sciences. The producer's prosperity is secondary and not the goal, it is merely an effective means to that goal.
What is the 'correct' level of progress in Arts and Sciences? It's completely arbitrary.
Apples are good. I think there should be more apples. I hereby decree that every man shall plant four apple trees in his yard. Ruling the world is easy!
