Michieru2
zzz zzz zzz
Premium
join:2005-01-28
Miami, FL
| Re: Broadband Strategy = Decades-Old Video Franchise Process "The argument that no regulation whatsoever will lead to the best outcome for consumers seems based on ideological beliefs, rather than experience or economics. It conveniently ignores the effects of market failure in certain instances."
In theory it is but in reality it could both either way and that's where regulation comes in. I know I said in previous posts that less government regulation is a good thing. I still believe that because some regulations are simply too ridiculous and then they are other's that make sense. Consumers want to extract companies of there profits and as someone who is studying business I see that as a huge problem it's basically beating up the entrepreneur of any financing and could make the business fail if too much regulation is put on top which eventually causes a business failure and then the consumer is left without a choice, because they extracted the company from any success and profits are used to expand or make a good/service better. Again in theory but that's what makes a business strive when businesses begin to think on only the cash they simply secure themselves in the market place and act as some giant leach. While shoving new competitors out of the way.
But humans are greedy and eventually you will feel the pressure of those of your peer's asking for more and more profits. Because money = power in the business world. Companies build large skyscrapers for workers + other things but they also built it as a sense of economic power and when large businesses strive in America that makes the US look good. But such balances are rarely seen and you can never expect them to last forever.
(Sorry I just like economics and still reading up on it  ) |
