cover image RULING THE WAVES: Cycles of Discovery, Chaos, and Wealth, from Buccaneers to Bill Gates

RULING THE WAVES: Cycles of Discovery, Chaos, and Wealth, from Buccaneers to Bill Gates

Debora L. Spar, . . Harcourt, $27 (432pp) ISBN 978-0-15-100509-3

In an attempt to place the commercialization of the Internet in historical context, Spar argues that advances in communications technology—from oceangoing ships to the Internet—occur in successive phases of innovation, com- mercialization, creative anarchy and rules. Discoveries by researchers and explorers acquire commercial value, she claims, which attracts both investment and pirates. The increasing value of the former subsidizes efforts to suppress the latter. Out of that conflict emerges a legal structure to support the new industry. Spar, a professor at the Harvard Business School, traces this cycle seven times, in European oceangoing trade from the 15th to the 18th century; telegraph, radio and satellite television; cryptography, software and digital music reproduction. Although her thesis is provocative, it's not precise enough to yield dramatic insights. For example, the author defines all lawbreaking as piracy. In her view, Phil Zimmerman, who developed the e-mail security code known as Pretty Good Privacy, was a pirate who gave it away for free in possible violation of U.S. technology export control laws, though this reverses the common usage in which a pirate steals something from others. Since laws are unclear during periods of innovation, the author can label anyone a pirate when necessary for her model. Often in her account, the same figures are pirates and opponents of piracy (the subtitle subtly illustrates this). The first three chapters are sketchy attempts to cover broad topics in a small space, while the last four focus selectively on narrow aspects of the innovation in question (for example, the software chapter is mainly an account of the Microsoft antitrust case). Despite its defects, the book raises worthwhile questions and delivers compelling anecdotes. Undemanding readers and browsers will not be disappointed. (Sept.)