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Free Market Economy

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  • E Offline
    E Offline
    Electron Shepherd
    wrote on last edited by
    #1

    See http://news.bbc.co.uk/1/hi/technology/8606280.stm[^] From the article: "Now cable and telephone companies have permission to charge you extra for a better quality of service or faster quality. This opens the door to an internet with a fast lane and a slow lane for whoever can pay." In other news, Ferrari charge more for a high-performace car than Ford do for a small runabout. I've also just discovered that 8 bedroom mansions with sea-front views and private beaches cost more than 1 bedroom apartments. Oh, the injustice of it all!

    Server and Network Monitoring

    D R M P N 8 Replies Last reply
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    • E Electron Shepherd

      See http://news.bbc.co.uk/1/hi/technology/8606280.stm[^] From the article: "Now cable and telephone companies have permission to charge you extra for a better quality of service or faster quality. This opens the door to an internet with a fast lane and a slow lane for whoever can pay." In other news, Ferrari charge more for a high-performace car than Ford do for a small runabout. I've also just discovered that 8 bedroom mansions with sea-front views and private beaches cost more than 1 bedroom apartments. Oh, the injustice of it all!

      Server and Network Monitoring

      D Offline
      D Offline
      Dalek Dave
      wrote on last edited by
      #2

      Virgin charges more for it's 50mb than it does for it's 20mb service. That's not right, that's blatent capitalism! I demand Communism, everyone should get 20mb and like it! Except me, I still need my 50mb and am able and willing to pay for it of course.

      ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave

      OriginalGriffO R P 3 Replies Last reply
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      • E Electron Shepherd

        See http://news.bbc.co.uk/1/hi/technology/8606280.stm[^] From the article: "Now cable and telephone companies have permission to charge you extra for a better quality of service or faster quality. This opens the door to an internet with a fast lane and a slow lane for whoever can pay." In other news, Ferrari charge more for a high-performace car than Ford do for a small runabout. I've also just discovered that 8 bedroom mansions with sea-front views and private beaches cost more than 1 bedroom apartments. Oh, the injustice of it all!

        Server and Network Monitoring

        R Offline
        R Offline
        RichardM1
        wrote on last edited by
        #3

        I was gonna say stuff, but I just gave you a 5.

        Opacity, the new Transparency.

        1 Reply Last reply
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        • E Electron Shepherd

          See http://news.bbc.co.uk/1/hi/technology/8606280.stm[^] From the article: "Now cable and telephone companies have permission to charge you extra for a better quality of service or faster quality. This opens the door to an internet with a fast lane and a slow lane for whoever can pay." In other news, Ferrari charge more for a high-performace car than Ford do for a small runabout. I've also just discovered that 8 bedroom mansions with sea-front views and private beaches cost more than 1 bedroom apartments. Oh, the injustice of it all!

          Server and Network Monitoring

          M Offline
          M Offline
          Mark_Wallace
          wrote on last edited by
          #4

          Electron Shepherd wrote:

          "a slow lane for whoever can pay."

          Now, that's written by a writer who's worthy of respect.

          I wanna be a eunuchs developer! Pass me a bread knife!

          1 Reply Last reply
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          • E Electron Shepherd

            See http://news.bbc.co.uk/1/hi/technology/8606280.stm[^] From the article: "Now cable and telephone companies have permission to charge you extra for a better quality of service or faster quality. This opens the door to an internet with a fast lane and a slow lane for whoever can pay." In other news, Ferrari charge more for a high-performace car than Ford do for a small runabout. I've also just discovered that 8 bedroom mansions with sea-front views and private beaches cost more than 1 bedroom apartments. Oh, the injustice of it all!

            Server and Network Monitoring

            P Offline
            P Offline
            peterchen
            wrote on last edited by
            #5

            The court case was prompted by Comcast's decision in 2007 to selectively slow down certain types of traffic where subscribers were downloading large files using peer-to peer file-sharing services like BitTorrent. It's not about "some things cost more to make than others". It's about marketing lies such as "unlimited traffic unless you exceed a value that we reserve to change anytime we can be bothered". It's about creatign prices that are in no way related to actual cost, to milk the market. It's about building the structures where mainstream is cheap and deviation is expensive. But of course, if you find it hard to decide what is important, just chant "free market, free market, free market" repeatedly, and everything will come clear.

            Agh! Reality! My Archnemesis![^]
            | FoldWithUs! | sighist | µLaunch - program launcher for server core and hyper-v server.

            E M 2 Replies Last reply
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            • E Electron Shepherd

              See http://news.bbc.co.uk/1/hi/technology/8606280.stm[^] From the article: "Now cable and telephone companies have permission to charge you extra for a better quality of service or faster quality. This opens the door to an internet with a fast lane and a slow lane for whoever can pay." In other news, Ferrari charge more for a high-performace car than Ford do for a small runabout. I've also just discovered that 8 bedroom mansions with sea-front views and private beaches cost more than 1 bedroom apartments. Oh, the injustice of it all!

              Server and Network Monitoring

              N Offline
              N Offline
              NormDroid
              wrote on last edited by
              #6

              We could have a communist state where everyone gets 512mbits and thats all.

              Two heads are better than one.

              D R 2 Replies Last reply
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              • D Dalek Dave

                Virgin charges more for it's 50mb than it does for it's 20mb service. That's not right, that's blatent capitalism! I demand Communism, everyone should get 20mb and like it! Except me, I still need my 50mb and am able and willing to pay for it of course.

                ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave

                OriginalGriffO Offline
                OriginalGriffO Offline
                OriginalGriff
                wrote on last edited by
                #7

                Dalek Dave wrote:

                I demand Communism, everyone should get 20mb 56K and like it!

                FTFY!

                You should never use standby on an elephant. It always crashes when you lift the ears. - Mark Wallace C/C++ (I dont see a huge difference between them, and the 'benefits' of C++ are questionable, who needs inheritance when you have copy and paste) - fat_boy

                "I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
                "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt

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                • OriginalGriffO OriginalGriff

                  Dalek Dave wrote:

                  I demand Communism, everyone should get 20mb 56K and like it!

                  FTFY!

                  You should never use standby on an elephant. It always crashes when you lift the ears. - Mark Wallace C/C++ (I dont see a huge difference between them, and the 'benefits' of C++ are questionable, who needs inheritance when you have copy and paste) - fat_boy

                  D Offline
                  D Offline
                  Dalek Dave
                  wrote on last edited by
                  #8

                  Yep, in fact in a communist state, all correspondence should be by post and be read by the authorities, thank heavens that doesn't happen here...oh wait...er...hang on...

                  ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave

                  1 Reply Last reply
                  0
                  • P peterchen

                    The court case was prompted by Comcast's decision in 2007 to selectively slow down certain types of traffic where subscribers were downloading large files using peer-to peer file-sharing services like BitTorrent. It's not about "some things cost more to make than others". It's about marketing lies such as "unlimited traffic unless you exceed a value that we reserve to change anytime we can be bothered". It's about creatign prices that are in no way related to actual cost, to milk the market. It's about building the structures where mainstream is cheap and deviation is expensive. But of course, if you find it hard to decide what is important, just chant "free market, free market, free market" repeatedly, and everything will come clear.

                    Agh! Reality! My Archnemesis![^]
                    | FoldWithUs! | sighist | µLaunch - program launcher for server core and hyper-v server.

                    E Offline
                    E Offline
                    Electron Shepherd
                    wrote on last edited by
                    #9

                    peterchen wrote:

                    It's about marketing lies such as "unlimited traffic unless you exceed a value that we reserve to change anytime we can be bothered".

                    And if you don't like those terms, don't buy the service. That's the free market working.

                    peterchen wrote:

                    It's about creatign prices that are in no way related to actual cost, to milk the market.

                    Prices are very rarely related to cost. Sure, as a rule, price exceeds cost, but generally, price is driven by what the market will bear, not the cost of production, and the price the market will bear is driven by percieved value, not actual value.

                    Server and Network Monitoring

                    D 1 Reply Last reply
                    0
                    • P peterchen

                      The court case was prompted by Comcast's decision in 2007 to selectively slow down certain types of traffic where subscribers were downloading large files using peer-to peer file-sharing services like BitTorrent. It's not about "some things cost more to make than others". It's about marketing lies such as "unlimited traffic unless you exceed a value that we reserve to change anytime we can be bothered". It's about creatign prices that are in no way related to actual cost, to milk the market. It's about building the structures where mainstream is cheap and deviation is expensive. But of course, if you find it hard to decide what is important, just chant "free market, free market, free market" repeatedly, and everything will come clear.

                      Agh! Reality! My Archnemesis![^]
                      | FoldWithUs! | sighist | µLaunch - program launcher for server core and hyper-v server.

                      M Offline
                      M Offline
                      megaadam
                      wrote on last edited by
                      #10

                      Yes Peter! And let´s not forget that the "unless"-bit is usually obscured in very fine print.

                      ..................... Life is too shor

                      1 Reply Last reply
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                      • D Dalek Dave

                        Virgin charges more for it's 50mb than it does for it's 20mb service. That's not right, that's blatent capitalism! I demand Communism, everyone should get 20mb and like it! Except me, I still need my 50mb and am able and willing to pay for it of course.

                        ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave

                        R Offline
                        R Offline
                        Russell Jones
                        wrote on last edited by
                        #11

                        Nah, real capitalism is the way that BT do it. Charge more for up to 4MB than you do for up to 2MB and give both customers 512kB. If anyone complains then point out that they've signed up for an 18 month rolling contract and can't leave without incurring a penalty and can't change to the lower speed service for 18 months to save money. Then if your profits start to wane you get in touch with your buddies in government and tax every house in the country whether or not they are your customers to make up the difference.

                        1 Reply Last reply
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                        • E Electron Shepherd

                          peterchen wrote:

                          It's about marketing lies such as "unlimited traffic unless you exceed a value that we reserve to change anytime we can be bothered".

                          And if you don't like those terms, don't buy the service. That's the free market working.

                          peterchen wrote:

                          It's about creatign prices that are in no way related to actual cost, to milk the market.

                          Prices are very rarely related to cost. Sure, as a rule, price exceeds cost, but generally, price is driven by what the market will bear, not the cost of production, and the price the market will bear is driven by percieved value, not actual value.

                          Server and Network Monitoring

                          D Offline
                          D Offline
                          Dalek Dave
                          wrote on last edited by
                          #12

                          Economics 101. Supply and Demand. Demand is driven by supply and is defined as a Want and Ability to pay. Thusly the Demand for a Ferris is low, we all want one but few are able to pay, but whilst demand is low, supply is also low, therefore price is high. Broadband has a High Demand, for we all want it and most can afford to pay, but he supply is also high, so market forces keep the price lower. If one company encounters what is termed 'Consumer Resistance' it will lose customers, forcing either reduction in price or uplift of service. Market Forces in action. (I achieved a O-Level in Economics about 25 years ago!)

                          ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave

                          R 1 Reply Last reply
                          0
                          • N NormDroid

                            We could have a communist state where everyone gets 512mbits and thats all.

                            Two heads are better than one.

                            D Offline
                            D Offline
                            Dalek Dave
                            wrote on last edited by
                            #13

                            Norm .net wrote:

                            everyone gets 512mbits and thats all.

                            Or South Africa as we call it.

                            ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave

                            1 Reply Last reply
                            0
                            • OriginalGriffO OriginalGriff

                              Dalek Dave wrote:

                              I demand Communism, everyone should get 20mb 56K and like it!

                              FTFY!

                              You should never use standby on an elephant. It always crashes when you lift the ears. - Mark Wallace C/C++ (I dont see a huge difference between them, and the 'benefits' of C++ are questionable, who needs inheritance when you have copy and paste) - fat_boy

                              D Offline
                              D Offline
                              DaveAuld
                              wrote on last edited by
                              #14

                              OriginalGriff wrote:

                              Dalek Dave wrote: I demand Communism, everyone should get 20mb 56K 300baud and like it! FTFY!

                              FTFTFY

                              Dave Don't forget to rate messages!
                              Find Me On: Web|Facebook|Twitter|LinkedIn
                              Waving? dave.m.auld[at]googlewave.com

                              OriginalGriffO 1 Reply Last reply
                              0
                              • D DaveAuld

                                OriginalGriff wrote:

                                Dalek Dave wrote: I demand Communism, everyone should get 20mb 56K 300baud and like it! FTFY!

                                FTFTFY

                                Dave Don't forget to rate messages!
                                Find Me On: Web|Facebook|Twitter|LinkedIn
                                Waving? dave.m.auld[at]googlewave.com

                                OriginalGriffO Offline
                                OriginalGriffO Offline
                                OriginalGriff
                                wrote on last edited by
                                #15

                                Back in the days of mainframes and VDTs, I had to program a VDT that had two illuminated buttons on it's keyboard: "75" and "110" - the later being 110 baud for turbo nutter b@stards!

                                You should never use standby on an elephant. It always crashes when you lift the ears. - Mark Wallace C/C++ (I dont see a huge difference between them, and the 'benefits' of C++ are questionable, who needs inheritance when you have copy and paste) - fat_boy

                                "I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
                                "Common sense is so rare these days, it should be classified as a super power" - Random T-shirt

                                1 Reply Last reply
                                0
                                • D Dalek Dave

                                  Economics 101. Supply and Demand. Demand is driven by supply and is defined as a Want and Ability to pay. Thusly the Demand for a Ferris is low, we all want one but few are able to pay, but whilst demand is low, supply is also low, therefore price is high. Broadband has a High Demand, for we all want it and most can afford to pay, but he supply is also high, so market forces keep the price lower. If one company encounters what is termed 'Consumer Resistance' it will lose customers, forcing either reduction in price or uplift of service. Market Forces in action. (I achieved a O-Level in Economics about 25 years ago!)

                                  ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave

                                  R Offline
                                  R Offline
                                  riced
                                  wrote on last edited by
                                  #16

                                  Dalek Dave wrote:

                                  Demand is driven by supply

                                  Not when I did economics. :)

                                  Regards David R --------------------------------------------------------------- "Every program eventually becomes rococo, and then rubble." - Alan Perlis

                                  D 1 Reply Last reply
                                  0
                                  • N NormDroid

                                    We could have a communist state where everyone gets 512mbits and thats all.

                                    Two heads are better than one.

                                    R Offline
                                    R Offline
                                    riced
                                    wrote on last edited by
                                    #17

                                    We could have a communist market state where everyone gets 512mbits and thats all. We could have a communist state where citizens can choose different rates. Neither of these are logically impossible. :)

                                    Regards David R --------------------------------------------------------------- "Every program eventually becomes rococo, and then rubble." - Alan Perlis

                                    1 Reply Last reply
                                    0
                                    • E Electron Shepherd

                                      See http://news.bbc.co.uk/1/hi/technology/8606280.stm[^] From the article: "Now cable and telephone companies have permission to charge you extra for a better quality of service or faster quality. This opens the door to an internet with a fast lane and a slow lane for whoever can pay." In other news, Ferrari charge more for a high-performace car than Ford do for a small runabout. I've also just discovered that 8 bedroom mansions with sea-front views and private beaches cost more than 1 bedroom apartments. Oh, the injustice of it all!

                                      Server and Network Monitoring

                                      S Offline
                                      S Offline
                                      Simon P Stevens
                                      wrote on last edited by
                                      #18

                                      Your analogies are completely wrong. This isn't about charging more for a better service, it's about prioritising individual packets based on their type or source. There are pros and cons. The ability to priorities packets would allow for the possibility of giving higher priority to VOIP packets (for example) which are time critical, and a lower priority to plain html text packets which can incur a small delay without causing any real problems. The problem comes for example if a major service provider started prioritising HTML packets where the referrer is Google in exchange for payments. Think how that would effect the search industry. And this is just one example, being able to pay to prioritise packets that favour your company could have some pretty serious implications for the competitiveness of many industries. Imagine if you could pay a fee and have packets from your competitors website drastically slowed down. Where do you draw the line on what is acceptable and what isn't. Going back to your analogies. It's not about the difference between the price of a Ferrari or a Ford, it's like buying a Ferrari and being restricted to 30mph until you pay the government a fee to allow your car priority to drive at normal speed. It's like being told you can only travel at 20mph because the road construction industry doesn't deem your travel needs important enough to warrant a faster speed. It's like being able to pay a fee that means you have the right to skip through all red lights. In fact this last one is a perfect example of how sometimes priorities are good. emergency services can skip red lights, this is a good thing; they need to. But if you take it too far and allow ordinary road users the ability to pay an additional charge to give them the same right I'm sure we'd end up in chaos.

                                      Simon

                                      E 1 Reply Last reply
                                      0
                                      • R riced

                                        Dalek Dave wrote:

                                        Demand is driven by supply

                                        Not when I did economics. :)

                                        Regards David R --------------------------------------------------------------- "Every program eventually becomes rococo, and then rubble." - Alan Perlis

                                        D Offline
                                        D Offline
                                        Dalek Dave
                                        wrote on last edited by
                                        #19

                                        Well, there is a certain dynamic equilibrium, but ~"Low supply drives prices high and whaddya know, demand is low". Demand is not just Desire, but Ability To Pay. Therefore as prices rise, demand falls. Milton Keynes Economics! (Milton Friedman and John Maynard Keynes).

                                        ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave

                                        R 1 Reply Last reply
                                        0
                                        • S Simon P Stevens

                                          Your analogies are completely wrong. This isn't about charging more for a better service, it's about prioritising individual packets based on their type or source. There are pros and cons. The ability to priorities packets would allow for the possibility of giving higher priority to VOIP packets (for example) which are time critical, and a lower priority to plain html text packets which can incur a small delay without causing any real problems. The problem comes for example if a major service provider started prioritising HTML packets where the referrer is Google in exchange for payments. Think how that would effect the search industry. And this is just one example, being able to pay to prioritise packets that favour your company could have some pretty serious implications for the competitiveness of many industries. Imagine if you could pay a fee and have packets from your competitors website drastically slowed down. Where do you draw the line on what is acceptable and what isn't. Going back to your analogies. It's not about the difference between the price of a Ferrari or a Ford, it's like buying a Ferrari and being restricted to 30mph until you pay the government a fee to allow your car priority to drive at normal speed. It's like being told you can only travel at 20mph because the road construction industry doesn't deem your travel needs important enough to warrant a faster speed. It's like being able to pay a fee that means you have the right to skip through all red lights. In fact this last one is a perfect example of how sometimes priorities are good. emergency services can skip red lights, this is a good thing; they need to. But if you take it too far and allow ordinary road users the ability to pay an additional charge to give them the same right I'm sure we'd end up in chaos.

                                          Simon

                                          E Offline
                                          E Offline
                                          Electron Shepherd
                                          wrote on last edited by
                                          #20

                                          Simon P Stevens wrote:

                                          This isn't about charging more for a better service

                                          From my original quote: "charge you extra for a better quality of service" I'm going to go out on a limb here, but that is about charging more for a better service

                                          Simon P Stevens wrote:

                                          allow ordinary road users the ability to pay an additional charge to give them the same right I'm sure we'd end up in chaos.

                                          I'm not suggesting they can jump the lights, but it can work[^].

                                          Server and Network Monitoring

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