Greed. There But For The Grace Of Cash, Go I
In the 1987 movie "Wall Street", Michael Douglas' character Gordon Gecko famously says greed is good.
While in the shark infested financial waters of the late Eighties this sounds like an iconic shift away from the socially concious, humanist if you will, ideals of the Sixties via the chaotic social and economic environments of the Seventies. The Eighties were the Wild West of this thinking, bouyed by the economic policies of the Reagan administration. The process was unpolished and used the brute force of the corporate raider to accomplish the goals of greed.
Like all wild lands, this process was eventually refined and it evolved into the juggernaut we witness today. Now we watch as companies influence local, state, and national laws to their own benefit while twisting the process to claim their desire to protect the consumer. Comcast claims to be an opponent of the "Phonies" and their duplicitous claims of unfairness in the laws designed to loosen their monopolies. Comcast may be in competition with the Bells, even I am looking into their VOIP solution, but they are in cohoots with this enemy on the topic of Net Neutrality, or an internet open equally to all persons without prejudice.
Both Comcast, their fellow CableCos, and the Bells want to see an Internet where they get to determine the level of your access based on the rates the customer pays. This seems like a nominal issue and a formalization of the Internet as most people know it now, but it is a drastic difference. Comcast could hold their customers for ransom to the companies on the Internet. For example, they could ask Google how much they want to pay to have Comcast allow faster speeds to their site over MSN or Yahoo!. Should Google pay this ransom, the Comcast customer base would be effectively pushed to one vendor or another. This is regardless of how much bandwidth a company purchases. It is the ISPs trying to squeeze every last dime from every last avenue. Perhaps you like MSN and I like Google. Our preference should not be based on whether or not Comcast made a few bucks, but whether or not MSN meets my needs over Google.
This is a situation where Microsoft may be your biggest ally. They do not want to be forced to pay big bucks to have "preferential access" available to their customers and it will be no small drop in the bucket from a company as invested in the Internet as MS.
The biggest problem in all of this greed by the TeleCos and CableCos, is the ignorance and greed displayed by our intrepid congressmen. A rather foolish and clearly ignorant senator named Ted Stevens. Senator Stevens is from Alaska and displays an amazingly inaccurate and nearly childlike grasp of the technologies governing the Internet, yet this man is going to be one of the people who determine the quality of your access to the Internet.
Right now you may be saying to yourself that this is how capitalism works. Each person or entity is entitled to price their product as they see fit. The market is then supposed to determine whether or not that price is fair. However, what we are seeing here is an example of collusion, if that term is applicable, and a captive marketplace. Someone is actually being unfair to Microsoft, if you can believe that. This is the same sort of practice as if the hospital charged the doctor for each patient they saw through that hospital. You would only get the doctor who could afford to pay the hospital.
Who do you think would foot that bill? The patients.
Who will foot the bill if the ISPs have their way? You and I.
Several digital rights groups like the Electronic Frontier Foundation (www.eff.org) are working to get Net Neutrality put into law and I am an ardent supporter of the EFF, but there is a larger picture here. This is the need for a law itself.
We exist in a system where our only two options appear to be allowing the ISPs to determine the balance of the Internet or allow the government to write a law governing a technology they clearly do not understand. The first option is not viable and the second, considered honestly, will be influenced, and probably crippled, by the money of the TeleCos and CableCos, rather than built on the knowledge and consideration of those who truly grasp the technology and the need for a fair-access Internet.
This is the great flaw in Capitalism. True and fair capitalism requires a fair playing field for all involved. What we have here is an essentially powerless majority enslaved by the government influence and money of the financial-haves minority.
Greed is not good. Greed turns social issues into fiascos. Greed turns all decisions into financial decisions. Money over good technology decisions. Money over good healthcare decisions. Money over the humane decision. Money over the smart decisions.
In the end, the money leaves the rich empowered and the non-rich wondering who is looking out for them. In the end, no one is looking out for us, but us.
While in the shark infested financial waters of the late Eighties this sounds like an iconic shift away from the socially concious, humanist if you will, ideals of the Sixties via the chaotic social and economic environments of the Seventies. The Eighties were the Wild West of this thinking, bouyed by the economic policies of the Reagan administration. The process was unpolished and used the brute force of the corporate raider to accomplish the goals of greed.
Like all wild lands, this process was eventually refined and it evolved into the juggernaut we witness today. Now we watch as companies influence local, state, and national laws to their own benefit while twisting the process to claim their desire to protect the consumer. Comcast claims to be an opponent of the "Phonies" and their duplicitous claims of unfairness in the laws designed to loosen their monopolies. Comcast may be in competition with the Bells, even I am looking into their VOIP solution, but they are in cohoots with this enemy on the topic of Net Neutrality, or an internet open equally to all persons without prejudice.
Both Comcast, their fellow CableCos, and the Bells want to see an Internet where they get to determine the level of your access based on the rates the customer pays. This seems like a nominal issue and a formalization of the Internet as most people know it now, but it is a drastic difference. Comcast could hold their customers for ransom to the companies on the Internet. For example, they could ask Google how much they want to pay to have Comcast allow faster speeds to their site over MSN or Yahoo!. Should Google pay this ransom, the Comcast customer base would be effectively pushed to one vendor or another. This is regardless of how much bandwidth a company purchases. It is the ISPs trying to squeeze every last dime from every last avenue. Perhaps you like MSN and I like Google. Our preference should not be based on whether or not Comcast made a few bucks, but whether or not MSN meets my needs over Google.
This is a situation where Microsoft may be your biggest ally. They do not want to be forced to pay big bucks to have "preferential access" available to their customers and it will be no small drop in the bucket from a company as invested in the Internet as MS.
The biggest problem in all of this greed by the TeleCos and CableCos, is the ignorance and greed displayed by our intrepid congressmen. A rather foolish and clearly ignorant senator named Ted Stevens. Senator Stevens is from Alaska and displays an amazingly inaccurate and nearly childlike grasp of the technologies governing the Internet, yet this man is going to be one of the people who determine the quality of your access to the Internet.
Right now you may be saying to yourself that this is how capitalism works. Each person or entity is entitled to price their product as they see fit. The market is then supposed to determine whether or not that price is fair. However, what we are seeing here is an example of collusion, if that term is applicable, and a captive marketplace. Someone is actually being unfair to Microsoft, if you can believe that. This is the same sort of practice as if the hospital charged the doctor for each patient they saw through that hospital. You would only get the doctor who could afford to pay the hospital.
Who do you think would foot that bill? The patients.
Who will foot the bill if the ISPs have their way? You and I.
Several digital rights groups like the Electronic Frontier Foundation (www.eff.org) are working to get Net Neutrality put into law and I am an ardent supporter of the EFF, but there is a larger picture here. This is the need for a law itself.
We exist in a system where our only two options appear to be allowing the ISPs to determine the balance of the Internet or allow the government to write a law governing a technology they clearly do not understand. The first option is not viable and the second, considered honestly, will be influenced, and probably crippled, by the money of the TeleCos and CableCos, rather than built on the knowledge and consideration of those who truly grasp the technology and the need for a fair-access Internet.
This is the great flaw in Capitalism. True and fair capitalism requires a fair playing field for all involved. What we have here is an essentially powerless majority enslaved by the government influence and money of the financial-haves minority.
Greed is not good. Greed turns social issues into fiascos. Greed turns all decisions into financial decisions. Money over good technology decisions. Money over good healthcare decisions. Money over the humane decision. Money over the smart decisions.
In the end, the money leaves the rich empowered and the non-rich wondering who is looking out for them. In the end, no one is looking out for us, but us.
