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Krugman On the Connectivity Power Shift

In today's NYTimes (registration required), Paul Krugman's op-ed piece lays out in simple terms the statistical power shift in the online economy among Europe, Japan, and the US. This shift has been discussed here for some time, but it's good to see it coming to the attention of a wider audience. Quoting: "As recently as 2001, the percentage of the population with high-speed access in Japan and Germany was only half that in the United States. In France it was less than a quarter. By the end of 2006, however, all three countries had more broadband subscribers per 100 people than we did... [W]hen the Bush administration put Michael Powell in charge of the FCC, the digital robber barons were basically set free to do whatever they liked. As a result, there's little competition in U.S. broadband — if you're lucky, you have a choice between the services offered by the local cable monopoly and the local phone monopoly. The price is high and the service is poor, but there's nowhere else to go."

3 of 360 comments (clear)

  1. well, by edlinfan · · Score: 5, Funny

    The price is high and the service is poor, but there's nowhere else to go.

    How about Europe or Japan?
  2. Re:It's possible by SnapShot · · Score: 4, Funny

    Thanks a lot. You just made me cry into my morning coffee. Now, why don't you make us all feel really bad and describe all on the 6 foot blond models who hang around your town. Or the universal health care. Or the eight weeks of vacation.

    At least we have lots of aircraft carriers.

    --
    Waltz, nymph, for quick jigs vex Bud.
  3. Re:Monopolies will form, regardless. by CmdrGravy · · Score: 4, Funny

    Who modded this nitwit informative ?
    Nihilists don't blow up factories ! Those are fiedists, not nihilists. Nihilists simply don't see the point in blowing anything up and believe the workers and owners should simply give it all up since it doesn't matter anyway !

    You fail to grasp the utter pointlessness of nihilism so you're hardly qualified to use them in your post.