Re:Big Cable says investment is flourishing, but their data ...
by deciplex on Tuesday May 13, 2014 @04:51AM
(#7737127)
The ruling class in America no longer gives a flying shit about the health of the American economy or its competitiveness or any other such nonsense. They are in a resource-extraction phase and from the look of it they are just getting warmed up.
Whether that works out it anyone's best interest in the long run is forgotten as everyone at the top is just scrambling to grab whatever they can.
So, what they "realize" has nothing to do with it.
Re:Big Cable says investment is flourishing, but their data ...
by sp332 on Tuesday May 13, 2014 @10:27AM
(#7738272)
The environment in high finance companies is extremely competitive. As long as your number is bigger than everyone else's, you're succeeding. If your number is smaller, you're failing. Never mind if the number is still in the billions, or if you had to destroy the economy to get on top.
Re:Big Cable says investment is flourishing, but their data ...
by ryanhuff on Tuesday May 13, 2014 @11:25AM
(#7738575)
Considering that the "ruling class" are running companies that are operating in an increasingly global economy, how can they not be concerned about (global) competitiveness?
Re:Big Cable says investment is flourishing, but their data ...
by deciplex on Tuesday May 13, 2014 @12:08PM
(#7738853)
The ruling class are largely not in executive positions at companies.
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Re:Big Cable says investment is flourishing, but their data ...
by fiatmoney on Tuesday May 13, 2014 @01:05AM
(#7736642)
The internet enables much commerce that does not happen on the internet. It also tends to move what used to be commerce into cheaper or non-commercial transactions that don't show up in GDP accounts (the news business, the encyclopedia business, the music & movie business, much of the software business).
If suddenly tomorrow there was no internet it would be a major calamity.
US flourished as it did partly because of open/affordable road system. Physical goods and people and ideas were able to move about freely and hence the economy grew.
Now it's all about the internet access. The goods people buy are often sent over internet connection and people/ideas flow the best when internet is working.
And here we are, with the few cable companies that we have doing their best to hamper flow of idea over the internet, the lifeblood of our economy.