Re:Vermont proposes providing broadband internet service to ...
by jtr1 on Tuesday May 19, 2020 @11:37AM
(#23236025)
>Proper role of government is to actively encourage competition, not destroy market by subsidised public service.
Just highlighting this because while it functions as an unquestioned prior for a lot of us in the tech community, I think it conflates a means with an end. Competition is generally preferable because it builds in the enforcement of feedback between the preferences of consumers and capacities of producers of a good. Where that feedback is tight, it promotes the welfare of both. Common welfare is the end, competition is the means.
Just highlighting this because while it functions as an unquestioned prior for a lot of us in the tech community, I think it conflates a means with an end. Competition is generally preferable because it builds in the enforcement of feedback between the preferences of consumers and capacities of producers of a good. Where that feedback is tight, it promotes the welfare of both. Common welfare is the end, competition is the means.