Monday, October 06, 2014

TV became good when it ceased to be a government enforced oligopoly.

The explosion of channels caused by digitization resulted in an explosion in competition for eyeballs at the same time distribution shifted to less regulated, private, non broadcast forms. Without the dead hand of the state to protect them, TV networks and other video distributors like Netflix needed real product to attract an audience, triggering an avalanche of high quality offers on what used to be called the boob tube. Genius, yes but mostly free and open competition among a bunch of people who are probably politically to the left of Barack Obama.

Honest to gosh capitalist competition: is there anything it can't make better, cheaper, faster?

Now on to that last bastion of criminal rent seeking in the information space:  education!

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