If one accepts (as i do) that the best functional form of society is a well-regulated market-based form of capitalism then periodically there needs to be a healthy bit of newly evaluated regulation. Examples in the history of the U.S. of these upticks have been associated with the railways and the breakup of AT&T. That is, as technology progresses as we like it to, then regulation must always play a lazy sort of catch-up. That time has come with the current crop of internet tech companies. And then as now there will be moneyed interests which will fight such regulation tooth and nail, while the ‘rest of us’ will slowly come around to “i guess it’s time for it again”.
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