I think you're conflating two points. I know many, capitalistic, people believe that IP should not exist.
However it does currently exist as property of people. If property rights are not respected then capitalism falls apart as you'd have land and capital stolen and kept by whoever could bring the most force
However it does currently exist as property of people. If property rights are not respected then capitalism falls apart as you'd have land and capital stolen and kept by whoever could bring the most force