[kwlug-disc] Home made indoor TV Antenna

[Khalid Baheyeldin]

On Sun, Jun 29, 2014 at 3:10 PM, William Park <opengeometry at yahoo.ca> wrote:
> On Sun, Jun 29, 2014 at 01:34:20PM -0400, unsolicited wrote:
>> 2. Business interests seeking to maximize their profit any which way
>> they can that they can get away with. Their interest is not the public
>> interest, unless they can increase their profit in kowtowing to it.
>> (And the lines don't stay still.)
>
> "Maximize their profit" is what business do.  And, THAT is the public
> interest.

Absolutely not!

This is a common misconception that gets thrown out to justify
predatory practices by large corporation contrary to the interest of
the people.

What it does is conflate "shareholders" with "the public", and claim
that by maximizing profits, they are doing what the public wants.
Total BS.

If a company is selling widgets or speciality foods, then they can do
what they want, and maximize profits for shareholders.

But if a company holds a certain crucial resource, has monopoly over a
certain crucial infrastructure elements, or was funded by public money
to expand such infra, then duty to shareholder should not bypass the
*real* public interest.

For example, phone lines, ...etc.

Why do we have choice of cable and DSL providers despite Bell and
Rogers owning the last mile? Shouldn't Bell and Rogers refuse such
competition because it prevents them from gouging clients for the
"public interest"?


-- 
Khalid M. Baheyeldin
2bits.com, Inc.
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