This document discusses copyright and piracy from a moral and legal perspective. It defines intellectual property as original works like ideas, inventions, and art. Copyright gives authors exclusive rights over duplicating, publishing, and selling their materials. Piracy illegally copies software, movies, music and more. Legally, penalties for copyright violations include fines up to $250,000 and jail time. Morally, piracy reduces compensation for creators and increases prices, while slowing innovation. The document urges finding authorized ways to create and gain knowledge to overcome piracy.