Linked by Thom Holwerda on Sun 20th Mar 2011 20:20 UTC
PDAs, Cellphones, Wireless A major deal just went down in the United States, which seriously shakes up the mobile industry on the other side of the pond: AT&T has announced it plans to buy T-Mobile USA from Deutsche Telekom.
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RE[2]: Invisible hand
by Neolander on Mon 21st Mar 2011 12:53 UTC in reply to "RE: Invisible hand"
Neolander
Member since:
2010-03-08

Then we may agree ;) What I'm against is total deregulation of the market, claiming that the invisible hand will magically solve all problems by itself. I've nothing against more hybrid government+companies schemes, as long as they guarantee a good minimal level of service/customer care.

As an example, except in highly exceptional events (wars, big sismic activity), telecom networks should not be down for more than a week, water distribution should not be stopped for more than 2 days, postal services should guarantee that letters and packages will be delivered within some country-dependent delay on the whole territory (not only big cities), nuclear power plants shouldn't leak dangerous crap in the environment and we should aim at using cleaner energy in the future, etc...

Afaik, this way of having the government put constraints on companies but trusting them even for basic services is how it works in some countries of northern Europe. Will check when I go to Sweden this summer.

EDIT : Oh, and also, there are some areas which are intrinsically not profitable in the short term (like fundamental research), and for that I don't think that companies should be trusted.

Edited 2011-03-21 13:06 UTC

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