broadbander
join:2005-07-21
Brooklyn, NY
1 edit | reply to KrK
Re: Will the data show regulation the way to go?
said by KrK  :said by broadbander :These are two extreme views neither of which works in utility or utility-like markets. The former is impossible because of physical limitations. The latter has little accountability and allow for massive loss or profit squander. Read it again. #2 has never been tried properly. Note it says tight oversight and control. What's been tried is "lax oversight and control". Many would argue that what we have NOW is the "solution between the two" and I'd intend to agree except it's the worst case scenario instead of the best of both worlds. No, solution implies it works, which of course what we have doesn't. What we have isn't at all what I was referring to, so philosophically even if that is what some would argue is "between the two" its irrelevant to my point and my proposed solution. The solution is multifaceted. Not really "in the middle" but "a mixture" of the two notions, implemented on a local level, with support, but not intervention, from the federal body.
EDIT: As for number 2 ... it HAS been tried and the result IS almost always what I described. It "has never" been tried "completely," because it cannot be tried completely, just as communism will never "really" exist. Which highlights my point. Theoretical ideological ways of thinking do not equate to real world results in this industry, and most industries, and well, life in general. I stand by my statement: the solution is complex and particular and the situation should be dealt with as comparable countries are dealing with it. |
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