Creative Commons guru Lawrence Lessig tells Newsweek that it's to kill the FCC.

"President Obama should get Congress to shut down the FCC and similar vestigial regulators, which put stability and special interests above the public good. In their place, Congress should create something we could call the Innovation Environment Protection Agency (iEPA), charged with a simple founding mission: "minimal intervention to maximize innovation." The iEPA's core purpose would be to protect innovation from its two historical enemies -- excessive government favors, and excessive private monopoly power."

Lessig blames the "Disneys and Pfizers of the world" for turning government-managed rights originally designed to stimulate innovation into special interest mandated monopolies that only serve to feed a gluttonous bloat of "exclusive rights" handed out by the government to a select few.

"America's economic future depends upon restarting an engine of innovation and technological growth. A first step is to remove the government from the mix as much as possible. We need to kill a philosophy of regulation born with the 20th century, if we're to make possible a world of innovation in the 21st."

Lessig's proposal for an iEPA organization is an interesting one. What do YOU think?

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