Telecoms- Why Planning is Better than Capitalism

[Gordon Fitch]

Nathan Newman:
>>> The attached article is the best summary of why telecom deregulation
>>> has been a wasteful, irrational, destructive approach to building the
>>> high-speed Internet future.  As the article notes, billions has been
>>> wasted building competing long distance fiber optic lines, ONLY 5% OF
>>> WHICH ARE NOW BEING USED, while investments in the critical last mile
>>> to the homes and office have had severe underinvestments.

  ...

I don't see why government technobureaucrats would necessarily
be more (or less) efficient than corporate technobureaucrats
at predicting demand and development.  I imagine both subspecies
flounder around, professionally speaking, and, if they want
to keep their jobs -- as noted, a non-trivial problem -- keep
their eye on the local political ball rather than their nominal
tasks.  This has certainly been the case almost everywhere
I've worked.