3 ms·
Americans have swallowed second rate telecommunications services, extortionate prices and lack of competition for ages and will continue to do so, because the a
by bowlofpetunias 12y ago
Americans have swallowed second rate telecommunications services, extortionate prices and lack of competition for ages and will continue to do so, because the alternative is evil socialist government regulation.
- adventured 12y agoYou're wrong on that. The problem with the US telecom industry is really bad regulation, not lack of regulation. The US already has so-called evil socialist government regulation, to an extreme. The US economy, including the telecom sector, is among the most regulated on earth. Per dollar of GDP, nobody passes more economic regulations each decade than the US Government. The US Government has been in control of the telecom infrastructure when it comes to regulating it, for decades. Their incompetence at setting up a functional environment is a huge part of the problem. They've been screwing it up when it comes to ISPs for 20 years. 'Evil socialist government regulation' isn't helping Canada or Australia either. And exactly like in those instances the problem is really bad regulation, not lack of regulation. The US has faster average internet speeds than: France, UK, China, Italy, Australia, Canada, Brazil, India, Norway, Russia, Taiwan, Germany, Finland, Israel, Austria, and so on. In fact, there are no large countries by population above the US in speeds other than Japan and South Korea (both of which are generally far beyond everyone else). Most of the fast countries are tiny in population: Ireland, Netherlands, Sweden, Hong Kong, etc. - and even then, the US isn't drastically behind them.
- dvanduzer 12y agoThe problem with US Politics is that nobody cares what words mean. Keep your laws off my body when the telephone is in the bedroom.
- goldfeld 12y agoI read your comment in an extremely parodying tone and so I upvoted you.
- iterative 12y agoNo, we already have evil socialist government regulation, which is the only way that incumbents in any industry can restrict competition and thereby charge extortionate pricing. Unfortunately, for true believers in the one try faith of government intervention, the solution to problems caused by government regulation is always more government regulation.