Quoted from Black_Knight:Brijam,
Your Chinese example is great. The government is regulating the internet and you don’t have access the way you like. So you are saying you don't like the government regulating the internet.
No, you're manipulating what I said, and that's not cool.
I clearly said that if you want to know what an Internet without neutrality looks like, go to China.
I have never said, and I will never say that I don't want the government regulating the Internet (or many other things). I've said the complete opposite.
I'll try again. China's government isn't regulating the Internet. They are censoring it. It's odd that you can't see the distinction.
In a similar way, a corporation will censor the Internet when it does not profit them, or serve their interests. There are many examples, but the one I pointed out, AOL and CompuServe in the 80s are perfect examples.
Quoted from Black_Knight:None of us are talking about health and safety regulations. These internet discussions are economic/commercial issues and in that space the less interference by the government the better.
No, actually I and others have shown that regulation definitely and purposely interferes with business, which is a good thing. That is practically the definition of regulation! Taking the position that business should be let alone to do what it does and somehow people will be protected is irrational and ignores the thousands of documented cases spanning the entirety of human history. I mean, really.
Our economic system generally works like this: innovation among many small players, followed by roll-ups and consolidation, followed by monopoly, or at best a very small number of massive corporations that offer exactly the same thing at exactly the same price. C.v. Oil companies, automakers, televisions, computers. Eventually, after many years, sometimes decades, competition may emerge, but it depends on barriers to entry, and telco (even wireless telco) has massive barriers to entry. In the meantime, people suffer, innovation stifles, profits maximize to monopolies/cartels. That's literally econ 101. I'm stunned that I have to point that out.
Besides, health and safety absolutely include regulating the Internet -- by restricting my ability to research my own health, as a perfect example, say a particular food additive like Aspartame.
Quoted from Black_Knight:The impacts of regulations and subsidies on the economy are basic economic principals, so I’m not going to site them here.
Without citations I view your argument is merely an ill informed opinion. Provide citations and I will consider your point.
Also, I'm not talking about subsidies. Do not conflate the two. I'm generally not in favor of subsidies.
You keep thinking that a regulation that impacts the economy is a bad thing. So we should just let fishermen fish out the entire ocean, or cut down whatever trees they find, or dig holes wherever they want, or put whatever they want into the air, because that impacts the economy? Really?
To be clear, regulation is not a bad thing if it leads to more freedom, competition, or better health, education, environment, etc. I'll give you a new example: removing lead from gasoline.
Quoted from Black_Knight:Corporations are not legally required to focus on profits above all else. That is a falsehood. The BOD sets the strategy of the company and can determine what to focus on.
That completely ignores today's market reality. Corporations are required to maximize shareholder value. In today's market the CEO is utterly focused on quarterly results that return profits. Publicly traded enterprises are massively punished for missing their profit estimates and in most cases are not tolerated to lose money quarter after quarter. Go ahead and give me examples that show a corporation doing significant things (meaning directly and substantially impacting their bottom line) that do not generate profit and aren't considered research. The only time corporate goals and directly human goals align is when they result in profit to the corporation. Saying anything else is ignoring all the evidence to the contrary.
Corporations bring all kinds of great things to us. They just need regulation.
Quoted from Black_Knight:Your statement that we must have regulation is false. DARPA focuses on Technical standards and administrative procedures that are needed for the internet to work. This is not the type of regulation I am talking about.
You are mistaken about what DARPA is. Please see for yourself:
http://www.darpa.mil/
I didn't say DARPA was a regulation. I said that DARPA, a government agency, created the Internet purely with government funds. This was to refute a statement someone made about innovation only coming from enterprise. It had nothing to do with regulation.
Quoted from Black_Knight:Pinside will not go away as the result of this passing or not passing. That is just silly.
Those thousands of people didn’t all work for altruism, more were motivated by, or working for people who wanted to make a fortune in the tech industry.
Yes it will. Just because you don't understand why doesn't make it not so. I'll explain: telcos have peering agreements to transfer data to and from other networks. That's an expense to the telco. I call it a cost of doing business, they will just call it a cost. Peering connections will be downgraded massively to save money and generate extra revenue from those who can afford it via premium plans.
Does that make more sense to you?
Quoted from Black_Knight:My comments on mortgages, Healthcare, and tuition were not aimed at regulations, but at the interference by the government in those markets. All three are highly subsidized by the government and have very distorted markets.
Mortgages crashed because too many people had loans that shouldn’t have. Sallie Mae and Freddie Mac (government entities, highly regulated by congress) created an environment the banks could manipulate for profits. I agree that’s bad. Then when the markets crashed congress bailed out the banks. This is worse because they should have been taught a lesson.
Healthcare and tuition costs are through the roof because we are all pass-throughs for government money. Prices are greatly distorted because of this. Again, a basic economic principal that most people conveniently forget.
You probably have a cable company, a telephone company, a satellite company, and a wireless company that are capable of delivering content to your home. That doesn’t sound like a monopoly, but I’m sure there are many rural places where these options are more limited.
At least we agree that the banks manipulated people and the government for profit.
Student government loans aren't really what we're discussing here, but the fact that there isn't any regulation on higher ed costs has lead private universities to skyrocket tuition and destroy a lot of young people's lives.
With respect to telco monopoly, where I happen to live the only option for many years was Comcast. That's a monopoly. You'll find that quite common in the United States. You cannot compare a wired connection to a wireless/satellite connection and say that eliminates the monopoly issue - they are fundamentally different services. There have also been price fixing among local telcos. Also conveniently overlooked is the fact that government telcos consistently provide better service at lower rates. Same with other utilities.