Off Topic > Off Topic
Net neutrality shenanigins are happening.
TristanLuigi:
--- Quote from: Corderlain on December 14, 2017, 11:24:03 PM ---Supply and demand. Supply bad ISP. People demand better ISP. Another company offers a better ISP and therefore prospers. It's like the core principle of capitalism.
--- End quote ---
did you not read anything in the past 2 pages?
the ISP market is a natural monopoly, reinforced by actual collusion
another company cannot simply "offer a better ISP"
loving Google tried to do it, offering a legitimately better service than most (fiber optic connection for cheap), and they still had trouble getting into the markets
you're deluded if you think that the ISP market is capitalism working as intended, and even more deluded if you think repealing net neutrality will magically fix it
SeventhSandwich:
The ability to regulate monopolies (or corporations in general) for the preservation of public good is written into the constitution (the Commerce Clause specifically). If you are actually trying to defend the right for people to form trusts/monopolies that serve no greater purpose than maximally boning the public to almost no one's benefit, you're a loving handicap.
--- Quote from: Corderlain on December 14, 2017, 11:24:03 PM ---Supply and demand. Supply bad ISP. People demand better ISP. Another company offers a better ISP and therefore prospers. It's like the core principle of capitalism.
--- End quote ---
Literally 100% bullstuff. What you wrote is a completely bullstuff falsity that we literally disproved in my introductory economics class in college.
Monopolies do not have supply curves. They are price-setters, not price-takers. What this means is they'll always charge their profit-maximizing price at the cost of all consumer surplus. This, regardless of which school of economics you subscribe to, is a bad thing.
Another company can't offer a better ISP if nobody is willing to fork over literally billions of dollars in capital to set up the cable and infrastructure to run one.
IkeTheGeneric:
--- Quote from: Corderlain on December 14, 2017, 11:24:03 PM ---Supply and demand. Supply bad ISP. People demand better ISP. Another company offers a better ISP and therefore prospers. It's like the core principle of capitalism.
--- End quote ---
Okay economics genius, how the hell can another company offer a better ISP if google can't even break into the market?
Planr:
The ISP market is actually more akin to real-world communism than capitalism.
In real-world communism a one-party dictatorship controls everything and can do whatever they want with their populace and the populace has no choice.
In the ISP markets, an ISP controls one huge area of internet lines and can do whatever they want with their "customers" and the customers have no choice.
TristanLuigi:
--- Quote from: SeventhSandwich on December 14, 2017, 11:29:43 PM ---Monopolies do not have supply curves. They are price-setters, not price-takers. What this means is they'll always charge their profit-maximizing price at the cost of all consumer surplus. This, regardless of which school of economics you subscribe to, is a bad thing.
--- End quote ---
I can think of one school of economics that thinks it's a good thing
--- Quote from: Planr on December 14, 2017, 11:31:18 PM ---The ISP market is actually more akin to real-world communism than capitalism.
In real-world communism a one-party dictatorship controls everything and can do whatever they want with their populace and the populace has no choice.
In the ISP markets, an ISP controls one huge area of internet lines and can do whatever they want with their "customers" and the customers have no choice.
--- End quote ---
i'm going to be pedantic and point out that not all communist ideologies are supportive of dictatorship
stalinism, maoism, and leninism are, but there's also other variants that are not
but yeah close enough