The ISPs are not operating in "competitive markets", so they are not operating in capitalist markets.
Re:Battle for the Internet
by theseatoms on Wednesday July 12, 2017 @02:32PM
(#14755200)
This is the core issue. ISPs rarely compete, so they have little incentive to make their customer's lives better.
IMO fixing this should be the central push for the "save the internet" folks.
The system is Capitalism and the markets exist within it. It makes no sense to claim that some of those markets aren't capitalist for lacking competition. In other words, while competitive markets are a characteristic of Capitalism, not every market within the system needs to have strong competition, especially because another characteristic of Capitalism is that successful competitors tend to crush smaller ones and form monopolies.
The ISP market is no anomaly but just another facet of Capitalism.
Let me cite Wikipedia since it's good enough here: "Capitalism is an economic system and an ideology based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets." (https://en.wikipedia.org/wiki/Capitalism)