We decided to leave high-speed internet deployment to the private sector. How's that working out? Oh, look, $50 a month for speeds that would make Europeans laugh, and the ISPs are already looking into bandwidth caps on top because they don't want to bear the expense of laying more fiber.
The government handing out monopolies is not 'the private sector'. It's actually those companies becoming part of the government.
If prices are high and profits are high then you should wonder why competition isn't rushing in to take a cut of the profits. It's because they aren't allowed to.
The Economics of Space Exploration | by Gregory Rehmke
TEDxSanJoseCA - Jeff Greason - Rocket Scientist: Making Space Pay and Having Fun Doing It
A response to Neil deGrasse Tyson regarding NASA | by Robert P. Murphy
We decided to leave high-speed internet deployment to the private sector. How's that working out? Oh, look, $50 a month for speeds that would make Europeans laugh, and the ISPs are already looking into bandwidth caps on top because they don't want to bear the expense of laying more fiber.
The government handing out monopolies is not 'the private sector'. It's actually those companies becoming part of the government. If prices are high and profits are high then you should wonder why competition isn't rushing in to take a cut of the profits. It's because they aren't allowed to.