> But Franklin Computer Corporation’s hardware, software, and ad concepts were stolen intellectual property, which, I think, qualifies as “bad.”

"Intellectual property" is doing a lot of work in this sentence, in that it's a legal-sounding blanket term which somehow fails to mention which actual law Franklin broke. It's implying something is illegal without actually making the case. The cancerous growth of the vague concept of "intellectual property" leads to things like the DMCA, where formerly legal acts are outlawed in a kind of "penumbra" or "emanation" from acts which are concretely illegal, because they're getting "too close" to the imaginary line.