Market competition capitalism does not create. Simply put, the models by which modern economists have cooked up to make believe that capitalism spurs competition assumes that no cartelization and rent seeking ever occurs. In reality, this is the normal process by which firms establish prices that work with their business models. Today, we have laws that limit their formal existence but informally such things occur. Ultimately, capitalism destroys markets for the sake of guaranteed returns.
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I doubt that. There are all the other major ISPs who’d probably be happy to take over Vermont from Comcast. Plus keep in mind that much of the legislation major ISPs lobby for prevents municipalities from providing this service as a utility.
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My neighborhood was supposed to get fiber from Lightspeed but since Consumers Energy owns the poles they somehow screwed the permit for Lightspeed who just shrugged and moved on to other neighborhoods in our metro area. Bastards! I was so close to getting fiber direct to my house. (grumble-grumble-grumble)
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Why do you think Comcast is the only one that is able to fill the contract? They’ve legislated away any viable competition.
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I think states and cities (like NYC) do this, but it seems like ISPs manage to avoid doing what they promise.
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I’ve been fighting with Comcast for months to quit charging me for equipment I returned years ago (and I have the paperwork to prove it). Isn’t there an AG somewhere that can smack down these A-holes?
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…deputy AGs are somewhat scarce and distant compared to the registered mail (upon further contact following this information, discovery contract rates apply, [optional court and issue No.] etc. etc.) and/or bar at survey, “surely?”
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FTFY
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Oh, so capitalism is only capitalism now when it works all textbook. When it fails, it’s what, let me guess, some form of failed socialism.
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Technically, the monopoly status is a regulation since it’s the government preventing other ISPs from competing. Certainly less of that would be better for the rest of us. But I know that’s not what you mean.
Yes. I used to love cyberpunk fiction when I was growing up, but rereading it now, it just seems like they’re just writing about another normal Tuesday.
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I think you hit the maturity level spot on. A slightly closer analogy might be a toddler who’s eaten their dessert but is now crying because they’re told they also have to eat their vegetables?
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It was no accident. Americans have been subject to concerted, relentless neoliberal indoctrination for decades.
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Yeah, they pushed back hard enough to prevent any other TN city from doing the same as Chattanooga. Damn them all.
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Case had cooler toys to play with.
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I used the frosting one because they have already fleeced the government and public for massive amounts of money and still want more and are blaming the government and public for their own apparent consumption of that cash. I know, it’s a little convoluted. I could have just said, “greedy bastards.” Never stopping until they are put in time out. I’d prefer beheading them.
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I have a problem with this terminology. Yes, you are correct to use neoliberal. But this same philosophy is also a big part of the corporatist right wing as well. It’s business apologetics. Pure greed. Big corporations feel they can fuck anyone they want as much as they want. I really don’t know what to call that American style of extreme greed, which grew out of British imperialism in the 17th and 18th centuries. It’s a thing, and nowadays, it is particularly American, but others have adopted it, too: China, Japan, perhaps others. An extreme imperviousness to rational morality. Monomaniacal obsession with profit by any means, inuding thievery and murder.
What is the word for this??? c’mon internet, don’t fail me.
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Capitalism?
specifically corporate capitalism.
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Yeah. A less specific term than “neoliberalism” or “neoconservatism” etc, but a more general term like what you said.
Everything you listed is inherent in the model.
You could also call it the ‘alien invasion’…
http://www.antipope.org/charlie/blog-static/2010/12/invaders-from-mars.html
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