OldNavySailor

How the Internet Is Wreaking Havoc on Media Companies

I disagree with the negative posts concerning the Internet trouncing competition that results in havoc for the American worker. The Internet stimulates competition and does not reduce it. Yes, there is local employment loss, but it's not because of "unfair competition"; it's because of rigid government regulations and taxation policies that muck up the marketplace.

First of all, what is the "Internet"? It is am evolutionary mass marketing electronic platform for consumers, political activists, investors, etc. linking people with producers of goods and services as well as a vast library of historical and contemporary knowledge worldwide. Although it touches many industries, it does not affect all of them. For example, if I need to research a provider of professional services (e.g., doctor, lawyer, etc.), I'm able to do research the creditability of that person because of the World Wide Web. I still receive the service (generally speaking) locally.

Yes, I can purchase many products cheaper online and not avail myself of the local "brick and mortar" store. But I pay shipping and handling charges, which brings the cost closer to what I can buy it for locally. Instead of government maintaining the taxation rates on local business, it should reduce the consumer sales tax rate, thereby spurring competition. But does government do that? No, it doesn't.

Government is the beast that restricts the free market through its socialist programs and failed monetary policies, not the Internet/World Wide Web.

Leave the Internet and the World Wide Web free and unfettered from the clutches of government!