- oldhats said...
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I'd be alarmed by your predictions if I didn't have some other relevant facts. 1) The vast majority of consumers have a choice of more than 2 ISPs. 2) The free market works. 3) Net neutrality is not being threatened and, if it were threatened (see 1 & 2), the market would solve the problem quickly.
- John Michal Whitten said...
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I wish you were right. However, 'the market'is not the solution. It is the problem. The 'market' is not a free and independent entity. The market is simply the reflection of choices made by huge corporate and political power in this country. There is no 'free' market.
Lets take this analogy, you are shopping in a Farmer's Market and are amazed at the variety and price of goods avaiable to you. You think, "wow, the market is good for everybody". The problem is, that major interests control who gets to sell at the Farmer's Market. Each little space must be approved by these interests. Corporate Power determines who gets to participate. In other words, it is the middle man that makes up the market. You have the vendor and the buyer and a middle man who puts them together in such a way as to maximize his own profit over the interests of the other two.
This middle man is the 'free market'.
I stand by my prediction, the internet is vulnerable to corporate and political control and the 'free market' is just a smoke screen. - said...
Let me add one more point. A 'free Market' system can only work with the collusion of government. This is because corporate powers tend to seek to control the market. If government is honest, regulations and oversight are available to keep corporate power honest. However, when government is owned by corporations then the regulations and laws are written solely to support corporate power at the expense of consumers and other businesses that do not have this clout.
The American government is wholly owned by corporate power. There is no free market.
BOG
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