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An awful fact of life in pseudo-capitalist America: if a corporate entity can charge you more, they will (and it does NOT matter whether it aligns to traditiona
by mxuribe 7y ago
An awful fact of life in pseudo-capitalist America: if a corporate entity can charge you more, they will (and it does NOT matter whether it aligns to traditional supply-and-demand models or not)...And in the case of internet service (in the U.S.), consumers can not exercise their market ability to move to an alternative provider. In America, on paper it states "market capitalism"...but - at least for internet service - in reality, it is nothing more than an awful form of the not-nice parts of communism. We lack choice in our markets. </vent>
- noonespecial 7y agoThese corporations work very hard at regulatory capture and lobbying to keep the "pseudo" firmly in place and the capitalism to a minimum. The ironic part is that local governments usually end up repairing the distortions in the market and externalized costs caused by these monopolies via social programs. The whole thing ends up more socialist with an added layer of inefficiency and graft than just working out a socialist solution up front.
- heavenlyblue 7y ago>> An awful fact of life in pseudo-capitalist America: if a corporate entity can charge you more, they will It's a bit myopic to say this only about America.