You call it a satire post but it’s not.
Joey Clover
462

There is nothing capitalist about a monopoly becoming less regulated: indeed, the overall climate becomes less capitalist when that happens. Suppose your local water or electricity distribution company decided to charge you a 20% “political surcharge” because it doesn’t like what you say about it on line. Then would you and others in the same position set up a competitive water or electric company? Of course, your opponent owns all the existing pipes, and you can’t hope to compete with their system, whose cost has been amortized over 100 years. (That’s quite apart from the fact that you probably can’t get the necessary permits.) So nobody will capitalize your venture, and you’re just left with paying the “political surcharge”, unless of course you go back to the legislature and lobby for “water neutrality”. You have that today because nobody has been able to successfully challenge the regulations that make sure the monopolists of water and power distribution don’t abuse their positions.

Before broadband, ISPs were truly competitive because they didn’t own the pipes: those belonged to regulated telephone providers. Now it’s a race to the bottom for who can gouge the public more effectively. This is not capitalism.

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