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I apologize for calling your opinion vapid in my other post. Thank you for taking the time to articulate your ideas in this post. I too am a proponent for fre
by steego 9y ago
I apologize for calling your opinion vapid in my other post. Thank you for taking the time to articulate your ideas in this post.
I too am a proponent for free markets, but I have to point out that the telecommunications industry could care less about free market principles.
For the last hundred years telcos have consistently lobbied the federal government for regulations that lock out competition. They pretend regulation prevents them from performing as well as they could, but the last thing they want is a minimally regulated market with a low barrier to entry.
The only reason we're even having this conversation is because there was a small window of opportunity in the 90's to pass smart Telco laws that both regulated and deregulated divergent aspects of the industry. First, because the incumbent telcos enjoyed monopolies for nearly 50 years, they were obligated to lease parts of their networks to resellers like local ISPs.
Had this not happened, the larger telcos and service providers could have choked the early Internet and giving us networks like AOL/MSN instead.
If you truly believe in the virtue of free markets, you need to understand that powerful politically connected companies do not and they can be some of the biggest opponents of free markets while they pretend they are.
- fiatjaf 9y agoRight, I understand that the telecommunications industry is not a free market in any sense. But imagine that you think NN is wrong (I no longer believe that), but since it is better than the current state of non-free-markets-plus-telcos-doing-anything-they-want, you defend NN. That just makes things worse, since it shifts the focus out of the real underlying problem (markets aren't free) and tells everybody the problem is this other one (no NN being enforced). Since imposing NN will not solve all the problems, and may as well create some new problems, the next time a problem appears the State will be prompted to introduce a new regulation, and we'll be each time farther from the free markets. Regulation brings regulation. I don't know if the above applies to this situation in particular or if we should oppose a measure that looks better just because in principle it is not the best measure.
- steego 9y agoFirst, thank you for stepping up the level of discourse. > Since imposing NN will not solve all the problems, and may as well create some new problems, the next time a problem appears the State will be prompted to introduce a new regulation, and we'll be each time farther from the free markets. Regulation brings regulation. You bring up a good point. It too bothers me that we've resorted to NN. We shouldn't have too, and we wouldn't if we didn't already have a nearly 100 year history of corporate socialism in the telco industry, where for nearly 50 of those years, the federal government literally picked one winner. The problem is this: Money is really good at influencing politics and policy. You claim regulation brings more regulation. That's not untrue, but I suspect money in politics creates more regulation because nothing protects a market from competition than regulatory capture. Not only that, it cultivates entire industries that specialize in sucking on the government teat and rent-seeking politicians who make sure they contribute to their campaigns. Our extremely polarized voting base (I don't blame the politicians) is current incapable of sending a common coherent message to their representatives based on common American values because they can't agree on a single fucking thing. These polarized idiots are simply too emotionally immature to realize they're being emotionally manipulated. Not only that, they're too clueless to tell their politicians that they want a telecommunications industry that's based on free-market principles because they're too busy parroting talking points rather than understanding how they're being played an manipulated by special interests. Because there's not one fucking thing these right-wing and left-wing assholes can agree on, I'm not convinced we'll ever have a coherent telecommunications policy, let alone a solution to our growing problem of the influence of money in politics. NN isn't ideal, but it's a lot better giving the telcos everything and asking for nothing in return. It will only embolden them to come back and ask for more. They literally have a history of asking for federal dollars to build next generation networks and then not following through on their promises. They are trolls who live under bridges. Don't empower them. Provide incentives for them to be competitive and opportunities for new companies to challenge them.