995
The Free Market Lie: Why Switzerland Has 25 Gbit Internet and America Doesn't
(sschueller.github.io)
this post was submitted on 18 Apr 2026
995 points (98.9% liked)
Technology
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because America keeps giving money to broadband companies, who promise to improve internet speeds and access.. give the money to executives as bonuses, do shit all with speeds or access, and their reward is another dumptruck of money to expand access and speeds.. Which they 20 return to 10 and give it all out as executive bonuses again and do fuck all for the customer/citizens
oh, and when municipalities try to run their own broadband, they force them to shut down because its not fair for them to compete with the monopolistic internet companies. ๐
I wish this was just in the USA but numerous countries in the EU handed out billions upon billions to private companies to roll out VDSL and then fibre connections (GPON) and the public owns none of what has been made despite paying for it all and the bonuses on top. Now the higher speeds are grossly more expensive than the old DSL lines used to be and they are turning those all off and getting to pocket the increased prices.
corporatism is a plague all over the world.