I saw a graph today that listed the average Internet broadband speed by country. The USA was listed at under 10 mb/s, and we were 15th on the list, trailing (in order) Germany (didn’t we kick their butts in WWII?), Iceland, Belgium, Austria, Norway, Poland, Canada, Portugal (they’re all under 10 mb/s), then Netherlands, France, Sweden and Finland (all right around 20 mb/s). Number two in the world is Korea at 45(!) mb/s, and number one is Japan at over 60 (I think we beat them, too)!
You’d find the same sort of thing if you looked at mobile phone networks. The USA is FAR behind both Europe and Asia in cellular capabilities, specifically data rates. Our companies have barely opened the 3G gateway with dreadful performance so far, while our friends overseas have mobile data rates that approach true broadband speed.
And yet we American consumers are paying top dollar in the world for our third-world technology – even me. Because of my lust for the iPhone, I gave up my T-Mobile service that consisted of 1500 anytime minutes and unlimited EDGE (2G) data for which I paid about $60 a month. My service is now provided by AT&T, which provides only 450 anytime minutes (that I can barely use at home, and can always expect dropped calls on my daily commute), with 5000 night & weekend minutes (night rates start at 9 PM and end at 7 AM on weekdays – I could pay another $10 or so a month if I wanted my nights to start at 7 PM) and a 3G ‘high-speed’ data plan (that more closely resembles my old 2G service) plus 200 text messages per month for the princely sum of $75 a month plus taxes and surcharges. My Internet service at home is provided by Time Warner Cable – I get 1.5 mb/s service (remember, the US average is 10 mb/s) for $35 a month.
Why? Why do Americans get the shaft? I’ll tell you why – the hunger and greed for corporate profits. Why would a company spend more of its profit margin on world-class service when their stupid customers seem to be happy with substandard service at premium prices? It sure makes the shareholders happy, and companies have a fiduciary responsibility to the shareholders before their customers.
I don’t think it’s always been that way.
I remember sitting in my freshman social studies class in high school when the Dow Jones Industrial Average was flirting with breaking through the 1000-point level. My teacher, Buck Martin, said that would be a big deal when it happened. However, the DJIA pulled back before hitting a thousand. It touched a thousand in late 1972, then twice more in 1976 It was in late 1982 before it hit 1000 and never looked back.
Way back in 1896, when Charles Dow started keeping track of the stock prices of 12 of the most successful companies in the country, the Average was around 12. It took 86 years to hit 1000, a bit over six more years to hit 2000, just short of three more to reach 3000, five more for 4000, etc. Today the DJIA stands at 11,386; its all-time high is 14,164, set in October 2007.
It’s my humble opinion that for the past 35 years, the rapid growth of corporate America and its never-ending plundering of the economy for higher and higher profits to appease its greedy shareholders has taken its toll on the average working Joe. It’s more important to make things as cheaply as possible in order to maximize profits: so cheaply, in fact, that all the good paying manufacturing jobs have moved offshore where people are grateful to work for a buck a day. How can working class citizens compete with that?
Don’t get me wrong – I still believe in capitalism and free enterprise, but America’s heart is sick and warped and greedy and completely oblivious to the suffering of its citizens. There can be no incentive for things to improve other than recognizing the condition of the human heart. It sounds corny and trite, but we need to look up and outside of ourselves and see and know our fellow travelers. Every great reawakening starts with a single change in the way we think and love.




