Wednesday, October 18, 2006

The Free "Net"

In The Wealth of Nations, Smith argued that only the unfettered dealings of merchants and customers could ensure economic prosperity. But he also warned against the formation of monopolies—mighty behemoths that face little or no competition. Our history brims with his legacy. Consider the explosion of industry and the reign of the robber barons during the first Gilded Age in the last decades of the 19th century.
Writes Bill Moyers.

He's right. Keep the net free. Printed material is still for sale in the free market and access to that gravy train is already heavily regulated by the editors, agents and publishing comglomerates.

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