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bogey780

join:2004-03-19
Here
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reply to BosstonesOwn

Re: Aw Come on

So you're saying that we shouldn't allow the natural demand or edonomy push out the product but we need to spend way more than we really should to guarantee that it gets done. Like building a 70mph roadster in the 1800s.

None of these companies are saying that they'll always run copper. Just that they'll run less.

And besides, Americans cheered in the 1980s when the world's best telecom network got put on cruise control. So we're getting right now everything we demanded.


tschmidt
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join:2000-11-12
Milford, NH
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said by bogey780:

So you're saying that we shouldn't allow the natural demand or edonomy push out the product but we need to spend way more than we really should to guarantee that it gets done.
I do not think that is a good analogy.

There are times market forces are effective. In that case there is no reason for government to interfere.

There are other times market forces are not viable. In that case government steps in and changes the rules in an attempt to maximize to public good.

Examples of the latter are initial creation of the Internet. It was very risky, the incumbent AT&T had no interest in creating a potential competitor. Another example was rural electrification in the 1930's. Federal government stepped in to address markets not deemed profitable enough for private enterprise.

These calls are never black or white, but always shades of grey.

/tom


KrK
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join:2000-01-17
Tulsa, OK
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reply to bogey780

said by bogey780:

And besides, Americans cheered in the 1980s when the world's best telecom network got put on cruise control. So we're getting right now everything we demanded.
Not even close. Seem's like they still think it's the 80's.... they hanker for the monopoly ways and the end to all competition.
--
"Regulatory capitalism is when companies invest in lawyers, lobbyists, and politicians, instead of plant, people, and customer service." - former FCC Chairman William Kennard (A real FCC Chairman, unlike the current Corporate Spokesperson in the job!)

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