Sunday, September 25, 2011
We're No. 26! Hooray!
And, even though we've known for years that our Internet speeds don't measure up to the rest of the developed world, we thought perhaps we were making some gains.
Well, if 26th place is considered gaining on our "peers," we've got a long way to go. On the bright side, we are considered "above average."
Here is a link to a list of the 15 countries with the fastest Internet speeds.
It's one thing to get beat by South Korea, Sweden and Japan. It's quite another when outposts like Romania, Bulgaria and Moldova leave us in the dust of bits and bytes.
How did the country that invented the Internet and the computer get surpassed by former Soviet satellite nations?
Well, we can thank our devotion to the invisible hand of the marketplace that makes everything right and good.
We let corporations fight it out, believing that whoever wins will deliver the best product at the best price.
Of course, we know that's not true. A monopoly does what's good for the monopoly, not the common good.
Yes, there are excuses, caveats and other reasons for our lackluster showing. But, those for for losers.
Corporations blame government because they don't get enough subsidies (taxpayer handouts), while at the same time complaining about government interference (higher standards).
It's sad, though, when our major corporations are sitting on hordes of cash, yet can't even invest enough in their country to let us perhaps crack the top 25 in countries with the fastest Internet speeds.
Actually, it's pathetic.