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(51,974 posts)
26. vigorous competition is a prerequisite of genuine capitalism.
Thu Feb 14, 2013, 11:45 AM
Feb 2013

and vigorous competition is something sorely lacking in many sectors of the american economy.

what we have is mostly a mix of economic anarchy and economic fascism.

Maybe it isn't as expensive to do business in India Leslie Valley Feb 2013 #1
Blame the Telecommunications Act of 1996 starroute Feb 2013 #2
Here's one recent article -- there have been others starroute Feb 2013 #4
And here's an excellent segment from Bill Moyers' program starroute Feb 2013 #6
^^^^^^^This Blue_Tires Feb 2013 #31
Because here there is nothing to prevent them from gouging. libtodeath Feb 2013 #3
bingo. that would be government regulation. oh no! robinlynne Feb 2013 #7
you buy politicians, you can get some cheaper rates :-) nt msongs Feb 2013 #5
Last I heard texting was free in Eastern Europe and Russia as well. go west young man Feb 2013 #8
Capitalism is a failure. Fantastic Anarchist Feb 2013 #42
Partly ignorance nadinbrzezinski Feb 2013 #9
economies of scale, what does the average worker make in India? Demonaut Feb 2013 #10
If that is the case, perhaps you would like to explain Japan. n/t Egalitarian Thug Feb 2013 #18
japan? your point? Demonaut Feb 2013 #22
Higher standard of living, and better paid than us, similar prices to India. Egalitarian Thug Feb 2013 #34
For Pete's sake, it's called capitalism TexasBushwhacker Feb 2013 #11
No, it's called collusion and before reagan it was illegal. n/t Egalitarian Thug Feb 2013 #17
Exactly. nt redqueen Feb 2013 #32
vigorous competition is a prerequisite of genuine capitalism. unblock Feb 2013 #26
But there is certainly competition in the cell provider industry TexasBushwhacker Feb 2013 #36
but the communications industry has long found ways to rip people off. unblock Feb 2013 #38
Well, telecoms are publically held companies TexasBushwhacker Feb 2013 #40
the nature of the game is that individual companies to rotten, anti-competitive things unblock Feb 2013 #41
There is no economic anarchy here. Fantastic Anarchist Feb 2013 #43
sorry if i'm using the wrong terminology. what i mean is unblock Feb 2013 #44
I didn't mean to come off as harsh ... Fantastic Anarchist Feb 2013 #45
Nairobi is 10$ for 1.5gb of data JCMach1 Feb 2013 #12
$15 a month for unlimited in India seems expensive SmileyRose Feb 2013 #13
This is why I refuse to get more than a Tracfone to be used for Skidmore Feb 2013 #14
Same here.. I do not want to be trackable/phone-able 24/7 SoCalDem Feb 2013 #19
Trac fone here too .. littlewolf Feb 2013 #20
My Tracfone figures to way less than $.35/min rgbecker Feb 2013 #24
For many of us, the phone is our mobile computer system... JCMach1 Feb 2013 #25
I just have a landline jambo101 Feb 2013 #15
For a long time, I only had a land line, RebelOne Feb 2013 #46
William Jefferson Clinton in a series of bipartisan votes handed the nation over to the billionaires Egalitarian Thug Feb 2013 #16
The biggest killers of inovation and growth. The communication monopoly. Safetykitten Feb 2013 #21
we are exceptional----exceptionally screwed that is dembotoz Feb 2013 #23
Wasn't there a recent story about the US Government offering data service for low/no cost? tridim Feb 2013 #27
I generally agree, but ParkieDem Feb 2013 #28
Also, ParkieDem Feb 2013 #30
We got tired of the robbery from our cell phone provider.... Grammy23 Feb 2013 #29
Yes, we should pay workers here the same as those in India are paid! Motown_Johnny Feb 2013 #33
The wages are getting close to being the same. Bake Feb 2013 #35
When politicians are bought, it's money well spent. Autumn Feb 2013 #37
It's not just that..... Avalux Feb 2013 #39
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