May 21, 2003
Glenn Reynolds seems to have neglected to drink FCC chairman Michael Powell’s Kool-aid:
Michael, here’s the deal: if you think that concentration in Old Media is okay because New Media will provide the discipline, then stand up for freeing the New Media from the shackles that the Old Media are trying to weld on. Because if you’re not serious about freeing the New Media, then you’re not serious about competition, and what you’re describing isn’t a bold new world, but a sellout.Read the whole thing. Really. [09:22 AM]
Barry ::: (view all by) ::: May 21, 2003, 09:42 AM:
This would be interesting, because this is one place where a cyber-libertarian should really feel that their ox is being gored. In addition, it's a very valid point - the same desires for oligopoly apply, driven by the same principle - it's hard to make money in a competitive market.
Combined with the fact that this administration's economic policies are best described by 'crony capitalism', Reynolds should really part ways with the administration here.
However, Reynolds has long since given up his honesty and rationality to this administration, so I expect some grumbling combined with blaming the left, and lots of willful ignorance.
Hard-Hitting Moderator: Teresa Nielsen Hayden.
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