this post was submitted on 07 Jun 2023
69 points (92.6% liked)
Asklemmy
43944 readers
487 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Nobody should be able to profit off boring industries. Utility (power, water, telephony (which includes internet), banking, insurance.
Cap the profits at an arbitrary number that keeps up with inflation and allows for expanding business basic needs like staffing and inventory. Large investments should be reviewed and approved by regulating bodies and monies allocated and investments must be met with progress goals that achieve the completion of the project in full. None of this "Thanks for the monies, lol bye" bullshit.
Emphatically agree. I'm not really anti-free-market, but in the absence of informed consumer choice, all you have is de facto monopolies.
It's worse - they are natural monopolies. I don't need to run fiber to my house from 3 different ISPs any more than I want to run pipes from 3 different water supply companies. Utilities like electricity are already regulated with price controls and some semblance of democratic oversight. It's time that internet hookups are too.