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Eight Ways Privatization Has Failed America
#1
Eight Ways Privatization Has Failed America
http://truth-out.org/buzzflash/commentar...ed-america

Quote:Internet, TV, and Phone

It seems the whole world is leaving us behind on the Internet. According to the OECD, South Korea has Internet speeds up to 200 times faster than the average speed in the U.S., at about half the cost. Customers are charged about $30 a month in Hong Kong or Korea or parts of Europe for much faster service than in the U.S., while triple-play packages in other countries go for about half of our Comcast or AT&T charges.

Bloomberg notes that deregulators in the 1990s anticipated a market-based decline in phone and cable bills, an "invisible hand" that would steer competing companies to lower prices for all of us. Verizon and AT&T and Comcast and Time-Warner haven't let happen.
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Messages In This Thread
Eight Ways Privatization Has Failed America - by Minimalist - August 5, 2013 at 10:30 pm

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