Re:Atlassian tells employees they can work from home forever
by paulryanrogers on Friday August 07, 2020 @08:28PM
(#24087872)
Because much of the US doesn't have capitalism for ISPs. It's largely monopolies and oligopolies all around. And not the nonprofit, regulated utility type.
Re:Atlassian tells employees they can work from home forever
by mnm1 on Saturday August 08, 2020 @03:27AM
(#24089765)
That's exactly the end result of capitalism, at least in America, due to lack of proper regulations. There's nothing more capitalistic than a monopoly or duopoly. Oligopoly at worst. This is the goal every single capitalistic organization in the world strives for. From Google to Apple to drug dealers and slavers they all want monopoly or close to it. To claim that monopoly is not capitalistic is delusional. It's the most capitalistic situation possible and the most desired and sought after universally. It earns the winner the most capital. America has really perfected this system in its legal markets, although on the black market many other countries have too.
Re:Atlassian tells employees they can work from home forever
by paulryanrogers on Monday August 10, 2020 @12:13AM
(#24105485)
Technically you may be correct. I meant capitalism, small 'c', as understood in the post-Standard-Oil era. If there is no competition then it's not truly a free market. So perhaps I should have written free-market capitalism.
ISPs and wireless carriers are the most profitable companies in the USA all with 60% gross profit margin if you look and any of the financials.
When my friend was younger he worked for a cable company, where he did installs. He said the capital costs were usually covered in the first month of service, and everything was gravy after that.
So. What if in another country instead of extracting the profit, they put 5% of it back into the infrastructure. I suspect you would have what a lot of europeans have - fast internet. And what if you didn't take as much profit? You would have the other thing europeans have, cheap internet.
I mean, I like capitalism. It works! But I think there are some things that are out of whack.