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."
That seems like a reasonable arguement but if that were the case then with the massive housing boom we have been in for the past 10 years we should have a significant number of homes with the latest fiber optic last mile technology, but guess what, we dont.
I've watched thousands of houses go up and hundreds of new neighborhoods, and whats going in the ground you ask, the same coax and twisted pair copper they've been using for the past 30+ years.
And when people get fed up and try to band together to build there own fiber optic network because the digital robber barons refuse to invest in the latest technology do we finally get the latest technology, no we get lawyers and lobbying to turn citizens into criminals and outlaws.
And now with our pathetic outdated infrastructure that provides limited broadband at high prices what are the robber barons trying to do, drop their requirements for network neutrality and charge us and content providers even more for what we've already paid for.
Its not distance or age, its plain and simple greed and governmental complicity with illegal monpolization of markets. This country is getting passed by in the name of capitalism for the few and screw the other half.