Rather than duplicate the good work of someone else, the press release from Libertarianz spokesman Luke Howison on the government's broadband proposals says it all for me:
While the proposal tries to present itself as forward-looking and visionary, it is really just about identifying a currently fashionable investment and then throwing huge amounts of taxpayers' money at it. It is very easy to be visionary when you are spending someone else's money and have no accountability for the financial success of the investment.
The best thing the government could do would be to remove the barriers to private sector investment in telecommunications and to accept that if there isn't enough customer demand that investments will be (and should be) directed elsewhere.
Confiscating Telecom's property rights happens to have coincided with the end of competitors rolling out networks. Perhaps returning those property rights would have the opposite effect? Or are the soothsayers about how much prosperity andHD video porn fibre to the kerb will bring a bunch of enthusiasts that want everyone else to help pay for what they are interested in?
While the proposal tries to present itself as forward-looking and visionary, it is really just about identifying a currently fashionable investment and then throwing huge amounts of taxpayers' money at it. It is very easy to be visionary when you are spending someone else's money and have no accountability for the financial success of the investment.
The best thing the government could do would be to remove the barriers to private sector investment in telecommunications and to accept that if there isn't enough customer demand that investments will be (and should be) directed elsewhere.
Confiscating Telecom's property rights happens to have coincided with the end of competitors rolling out networks. Perhaps returning those property rights would have the opposite effect? Or are the soothsayers about how much prosperity and