Intellectual property should be abolished or greatly limited. It rarely serves its intended purpose (rewarding authors/creators) and instead creates rents and dangerous monopolies.

A related issue that suggests that the copyright system is broken is that it isn't equally enforced everywhere. The rest of the world freely copies books, drugs, and tech in any way they please, so all it does in the end is inflate prices for U.S. consumers, who effectively subsidize the rest of the world.