As noted in the previous installment of “Before Net Neutrality Eats the World”
on smart networks vs. dumb ones, capitalism itself is historically a relatively
new phenomenon, and communications networks, as massive-scale private assets,
lack the legitimization they deserve.
Consumers and competitors can rapidly and devastatingly
react against bad business practices, should Internet providers attempt it; but
reversing course under an inferior net neutrality regime is another story
altogether.
Regulation cannot substitute for competitive enterprise.
But one will scour the Federal Communications Commission’s (FCC) Order on Preserving the Free and Open Internet in vain for
recognition that government failure is both endemic and harder to extricate
from than mere bad business decisions….To Read More….
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