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

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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kwan_e
Member since:
2007-02-18

When/If that happens, the free markets should function properly and customers can start putting pressure (with their moneys) on internet service providers to do better.


When do free markets ever function properly?

Reply Parent Score: 6

judgen Member since:
2006-07-12

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

Reply Parent Score: 1

kwan_e Member since:
2007-02-18

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.

Reply Parent Score: 7

nicubunu Member since:
2014-01-08

The opposite to free market is not planned economy, but regulated market.

Reply Parent Score: 4

timosa Member since:
2005-07-06

What most of people want is fair market, not free market. The latter is just a puppet of the elite.

Reply Parent Score: 5

kittynipples Member since:
2006-08-02

"fairness" is a very nebulous concept that has more to do with one's own preferences than any objective standard.

Edited 2017-12-15 13:46 UTC

Reply Parent Score: 0