Recently, Time Warner has put in place broadband caps in select cities:
http://bits.blogs.nytimes.com/2009/04/08/time-warner-cable-profits-on-broadband-are-great-and-will-grow-because-of-caps/
There is legislation being put through attempting to limit or eliminate broadband caps:
http://arstechnica.com/tech-policy/news/2009/04/congressman-there-should-be-a-law-against-internet-caps.ars
On the one hand, Time Warner is a private business. The company should be allowed to charge what ever the company wants, and provide services the company thinks consumers need. On the other hand, Time Warner has a protected monopoly in many of these areas. Competition cannot force pricing down, or services to remain unlimited, because competition is not allowed. IMHO, get rid of the protected monopoly, allow Time Warner to charge whatever the company wants, and let consumers jump ship to other companies which provide a more desirable service and cost.
Tuesday, April 14, 2009
Wednesday, April 1, 2009
Protesters Protesting the Wrong Thing
http://www.cnn.com/2009/WORLD/europe/03/28/g20.protests.saturday/index.html#cnnSTCText
Many folks protesting the G20 Summit are protesting against capitalism. While I support their right to speak freely, IMHO, they are protesting against the wrong thing. It is not capitalism that they are against. The assumption is that the current economic system we have is pure capitalism or free market capitalism. However, it is far from it.
It is statism that they are protesting. Statism in the form of state capitalism. We live in a world where the economy is controlled by the state. Rules and regulations that allegedly seek to be more equitable turn out to be detrimental to individuals and a free society.
Many folks protesting the G20 Summit are protesting against capitalism. While I support their right to speak freely, IMHO, they are protesting against the wrong thing. It is not capitalism that they are against. The assumption is that the current economic system we have is pure capitalism or free market capitalism. However, it is far from it.
It is statism that they are protesting. Statism in the form of state capitalism. We live in a world where the economy is controlled by the state. Rules and regulations that allegedly seek to be more equitable turn out to be detrimental to individuals and a free society.
Subscribe to:
Posts (Atom)