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Government getting the hell out of the way of people voluntarily interacting the marketplace is the best situation. For example: cable easements. Get rid of t
by arecibodrake 15y ago
Government getting the hell out of the way of people voluntarily interacting the marketplace is the best situation.
For example: cable easements. Get rid of them. Get rid of all easements. Without them, you would have a variety of options and methods of gaining access to a number of utilities (internet, power, etc) as well as new services that have not yet been created.
- prodigal_erik 15y agoEasements and the monopoly they sanction are the reasons that everyone in an area can get service at all. If they had to write a private contract that would cover the absurdly high cost of laying cable, it would make a cell phone contract look like a love note. It would have to be a covenant imposed on every tenant of the building for many years. It would be just like regulation, only written by people with an immediate incentive to do it as abusively as possible. Real-world markets lack infinite competition and perfect transparency, so they pretty routinely fail to deliver optimal solutions. Many famously wealthy people got there by exploiting strategies to make markets fail.
- Apocryphon 15y agoIf no one enforces laws that prevent underhanded tactics in business, how is that a healthy market? And don't say that consumers would naturally avoid companies that collude together to raise prices or put lead in paint. Specifically in this scenario, how could the British government remaining uninvolved with the BT situation have led to a better market?