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Net neutrality - Journal of Omnifarious

Oct. 16th, 2008

10:24 am - Net neutrality

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The Register has a really interesting take on Net Neutrality. I can't say as I totally agree with their viewpoint, but the idea of regulating things in this fashion does make me queasy for exactly the reasons they state.

pleiade37 also has a short blurb pointing at a really interesting editorial laying the blame for the current financial crisis right at the feet of regulation and government intervention. This resonates with me for a very similar reason to the article questioning the regulation of net neutrality.

Current Mood: [mood icon] contemplative


[User Picture]
Date:October 16th, 2008 06:10 pm (UTC)
Failure to regulate conflicts of interest and unrealistic valuations of mortgage tranches led to this crisis, along with the basic economic policies of Reagan. This is a failure of capitalism to work in the absence of regulation. Captialism has its strengths, but keeping people honest is not one of them. For that, there must be regulation. Past regulation does not necessitate more regulation. Past regulation was ineffective and did not address what was actually going on. Our financial system was not socialist until capitalists started to lose their bets. Then they call mama government to rescue them and keep them rich.
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