On the American failure to keep pace with the world: Broadband

This article examining the failure of American telecommunication companies to provide better service in exchange for greater control really nails the situation. The United States is a very pro-business economy with pro-business political ideologies influenced by pro-business lobbyists support by pro-business funding.  The notion of “public good” isn’t valued or applied as a legislative metric as much as in the past, and even when it is considered, the prevailing pro-business ideologies posit that market solutions will provide public goods better than any other alternative.  This is a theoretical fact but fails in the real-world because public goods are market externalities rather than the currency (i.e. markets are not designed to maximize public goods, even though they’d be very good at it if they were).

The authors of the article point out why the U.S. has fallen behind in the development of telecommunications infrastructure and it all comes down to the hands-off regulatory attitudes driving legislative priorities. I’m not advocating for or against either of these positions here. I just thought it was a well written piece that explains a lot. We seem to spend too much time in theoretical arguments of political decisions. This article examines the actual results of a regulatory approach. It’s up to us to decide if it is an approach worth keeping.

Advertisements
Previous Post
Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: