Tuesday, December 19, 2006
Internet regulation from the view of investment
When the government is thinking about regulating the Internet and make BT of movies criminal act, I have some alternative thoughts.
In my view, global financial markets work like a organic system, capital suck up to the financial institutions and markets, then pumping it out, in the form of credits and investments. Markets are less than perfect. But, when individual industry is asking for allocation of resources and government regulation to protect their profit, that's a sign that they are loser under competition. Investment simply don't go there. The France film industry got government support earlier in the centry, and this accelerated it's dead. As we all know, the winner, Hollewood movies, now dominate the World.
The regulation would increase costs to the service providers and the users, but it won't benifit the industry.
In my view, global financial markets work like a organic system, capital suck up to the financial institutions and markets, then pumping it out, in the form of credits and investments. Markets are less than perfect. But, when individual industry is asking for allocation of resources and government regulation to protect their profit, that's a sign that they are loser under competition. Investment simply don't go there. The France film industry got government support earlier in the centry, and this accelerated it's dead. As we all know, the winner, Hollewood movies, now dominate the World.
The regulation would increase costs to the service providers and the users, but it won't benifit the industry.
# posted by Lobo @ 2:41 AM 
