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Net Neutrality: Liberals Ignore Settled Science on Regulation

JOHN Fund writes that George Soros and the Ford Foundation have spent about $196 million funding the "net neutrality" campaign. And the long-term goal is control of internet content -- and funding public news organizations.

And now they have got what they wanted, with the Federal Communications Commission decision to regulate the internet as a public utility.

The price of moving data across the Internet has been falling by about 30 percent per year, according to the Wall Street Journal edit page.

That isn't good enough for the likes of Netflix, which now generates more than a third of all Internet traffic, and other major bandwidth users that are the chief lobbyists for the new FCC rules. Netflix doesn't detail its spending on Internet transport, though a telecom source estimates Netflix spends less than a penny for every movie it sends to a customer. 
Now, for some reason all our liberal friends are worked up about "net neutrality" and the evil bandwidth barons like AT&T and Comcast. Don't they know about the settled science? That the regulators always end up being captured by the interests they regulate? Are they determined to deny the fact that the price system almost always guarantees a more just distribution of resources than government?

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Christopher Chantrill Follow chrischantrill on Twitter

Christopher Chantrill is a writer and conservative, and author of Road to the Middle Class. He runs usgovernmentspending.com, the go-to resource for government finance data, is a frequent contributor to the American Thinker, and blogs regularly at Rare.us. He lives in Seattle, Washington ...


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