I read and hear a lot of appologetics and explanations for the current climate of Corporate Profit Taking. Everything from "...they have a right to make a profit..." to "it's just business". At what point is the line drawn between "just business" and harmful practices? I call BS on the appologetics; call it what it really is, GREED!
Whatever happened to the ideals of being responsible and giving back to the community and the world at large. When did "I got mine" become an acceptable substitute for those ideals?
The wholesale rape of the economy (pick your country) by market price manipulation through destroying competition (not innovation), is mind numbing. One can see it in virtually every sort of good or service from Medical supplys and drugs to game consoles. A quick web search on heart stents to Ipods yields a pretty uniform price point across many sectors, irrespective of the average wage in those sectors. And they say Government regulation is a bad thing?!
Take the recent report of Time Warner doing a test study of tiered billing in Texas for high bandwidth users of Road Runner. What a crock! First let's create an illusionary problem, (slow speeds caused by high bandwidth users), create a bad guy, (bandwidth hogs), and the solution is? Why we can increase your speed there, average internet user, by charging them more! It's not fair to you that a few are hogging the bandwidth is it?
The reality is that TW out promoted their ability and desire to invest in equipment capable of handling an increased customer base of high speed internet users. So instead of investing profits already earned in improving and exppanding their network, they need to generate more profit by targeting "high bandwidth users" for the same crappy infrastructure. The real eyeopener will be if those new profits are actually used to improve the network. Sounds more like a way to force "high bandwidth users" to go elsewhere so they can maintain the status quo. It's comical that within the same month that story broke, they announced highspeed HBO on demand over Road Runner in Wisconsin. Now, does that make everybody a "high bandwidth user"? I don't know about you, but I really enjoy being treated like a moron!
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