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Eight Ways Privatization Has Failed America
#3
RE: Eight Ways Privatization Has Failed America
(August 5, 2013 at 10:30 pm)Minimalist Wrote: 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.

It is worse than that. Companies like Time Warner are buying up the regional cable companies. As a result, for instance, I now have no access to newsgroups and cannot host a web site because Time Warner offers neither of these services. And since it is essentially a monopoly, I have no other choices but ATT's lousy dsl service or worse, some crappy satellite service. So I am stuck with far fewer services, and no comparable options. So much for choice. And the price? Ugh.
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-- Samuel "Mark Twain" Clemens

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- Galileo Galilei (1564-1642)

"In short, Meyer has shown that his first disastrous book was not a fluke: he is capable of going into any field in which he has no training or research experience and botching it just as badly as he did molecular biology. As I've written before, if you are a complete amateur and don't understand a subject, don't demonstrate the Dunning-Kruger effect by writing a book about it and proving your ignorance to everyone else! "

- Dr. Donald Prothero
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RE: Eight Ways Privatization Has Failed America - by orogenicman - August 5, 2013 at 11:08 pm

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