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>And, even looking past that, I for one trust monopolistic telecoms such as AT&T, Comcast and Verizon to innovate faster and get better internet into the hands
by bluedanieru 16y ago
>And, even looking past that, I for one trust monopolistic telecoms such as AT&T, Comcast and Verizon to innovate faster and get better internet into the hands of consumers than the US Government.
This is why we can't have nice things, right here. This is why the internet as we know it is doomed. There has been over the past 50 years a real push where we assume that private industry can solve anything. And now here is an example of someone who would actually go so far as to "trust" an industrial monopoly to continue to act in a competitive fashion. Why would it do that? That's not what monopolies do. They are uncompetitive.
No system is perfect, capitalism included. I know the libertarian brigade around here can have trouble sometimes wrapping their brains around this, but capitalism actually has structural flaws that need to be mitigated. The best way to do that we know of so far is by regulation enforced by a democratically elected government. This is a really simple concept and one that anyone 75 years ago would have intuitively understood. I blame public schooling.
Christ, you would think at least a cursory glance at the history of cable television in the US would convince anyone not to "trust" a monopoly in the communications space, but you can't even count on that. Goodbye, internet.