The high penetration rate of broadband into south korean homes is definitely a economic advantage and productivity enhancer. But I disagree with the argument that government must do more to help the penetration of broadband into homes. Government must do less - they need to get out of the way and regulate less so the market forces can be unleashed. The american broadband penetration is considerable less mainly because there is so much government involvement and regulation at every level from national to local. The south korean government did the companies that wanted to build and enable broadband a favor by streamlining their regulations and reducing the hurdles.
Slashdot Mirror
The high penetration rate of broadband into south korean homes is definitely a economic advantage and productivity enhancer. But I disagree with the argument that government must do more to help the penetration of broadband into homes. Government must do less - they need to get out of the way and regulate less so the market forces can be unleashed. The american broadband penetration is considerable less mainly because there is so much government involvement and regulation at every level from national to local. The south korean government did the companies that wanted to build and enable broadband a favor by streamlining their regulations and reducing the hurdles.