December 28, 2009 by Andrew Graham
One point that gets lost amid political conversations is the relative effectiveness of a well-staffed government to do things that the private sector also does. It’s easy to cherry-pick examples of ridiculous bureaucratic waste in the U.S. without pointing out the things its government does do well.
I’ve yet to meet someone whose Social Security check comes late, and “it’s lost in the mail” rivals “the dog ate my homework” in believability. On a larger scale, the 13 largest oil companies in the world, all of which are state-owned and -operated, seem quite good at participating in capitalism.
It’s handy, then, to be able to point out a story that surfaced this week. Giant, profit-driven corporation AT&T has such bad service in New York that it appears to be doing everything imaginable to not sell stuff that people want to buy.
What kind of capitalism is that called? Reducing the supply of something for sale for marketing purposes — the so-called scarcity principal — doesn’t work with bandwidth and other commodities.
It’s a certainty that AT&T will resume online iPhone sales soon, but it’ll be because people are talking, not because its network is even remotely tolerable.
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