Linked by Thom Holwerda on Thu 14th Dec 2017 19:46 UTC

Net neutrality is dead - at least for now. In a 3-2 vote today, the Federal Communications Commission approved a measure to remove the tough net neutrality rules it put in place just two years ago. Those rules prevented internet providers from blocking and throttling traffic and offering paid fast lanes. They also classified internet providers as Title II common carriers in order to give the measure strong legal backing.

Today's vote undoes all of that. It removes the Title II designation, preventing the FCC from putting tough net neutrality rules in place even if it wanted to. And, it turns out, the Republicans now in charge of the FCC really don’t want to. The new rules largely don’t prevent internet providers from doing anything. They can block, throttle, and prioritize content if they wish to. The only real rule is that they have to publicly state that they’re going to do it.

Nobody wanted the FCC to vote like this. Public support for net neutrality is massive. The only reason this is happening is pure, unbridled corruption at the very root of the American political system.

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100% of the times it works better than planned economies. However there is no free markets nowadays. All use fiat money.

All money is fiat. And if free markets were so great as you claim, they'd work with fiat money just as well.

Free markets never existed. They are always theoretical, and so your "100% of the times" is nothing but wishful thinking.

Free markets are worse than theoretical. They are like the perpetual motion machines of economics.

That's the problem with ideologues. Their ideologies only work in a perfect world with no other consideration than their ideologies.

If your free market theories do not work with fiat money, have never existed (or if so, didn't last long), then it is by definition an unworkable theory.

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