Interesting - I just wonder if we require 'economic growth'. Wouldn't a 
'steady state' economy be preferable? Would a steady state economy have 
no room for innovation? Does innovation require growth?

http://www.eoearth.org/article/Steady_state_economy

CHEERS> SAM

Seth Johnson wrote:
>> http://www.newsweek.com/id/176809
>>     
>
>
> Reboot the FCC
>
>
> We'll stifle the Skypes and YouTubes of the future if we don't
> demolish the regulators that oversee our digital pipelines.
>
>
> By Lawrence Lessig | Newsweek Web Exclusive
>
> Dec 23, 2008
>
>
> Economic growth requires innovation. Trouble is, Washington is
> practically designed to resist it. Built into the DNA of the most
> important agencies created to protect innovation, is an almost
> irresistible urge to protect the most powerful instead.
>
> The FCC is a perfect example. Born in the 1930s, at a time when the
> utmost importance was put on stability, the agency has become the
> focal point for almost every important innovation in technology. It is
> the presumptive protector of the Internet, and the continued regulator
> of radio, TV and satellite communications. In the next decades, it
> could well become the default regulator for every new communications
> technology, including, and especially, fantastic new ways to use
> wireless technologies, which today carry television, radio, internet,
> and cellular phone signals through the air, and which may soon provide
> high-speed internet access on-the-go, something that Google cofounder
> Larry Page calls "wifi on steroids."
>
> If history is our guide, these new technologies are at risk, and with
> them, everything they make possible. With so much in its reach, the
> FCC has become the target of enormous campaigns for influence. Its
> commissioners are meant to be "expert" and "independent," but they've
> never really been expert, and are now openly embracing the political
> role they play. Commissioners issue press releases touting their own
> personal policies. And lobbyists spend years getting close to members
> of this junior varsity Congress. Think about the storm around former
> FCC Chairman Michael Powell's decision to relax media ownership rules,
> giving a green light to the concentration of newspapers and television
> stations into fewer and fewer hands. This is policy by committee,
> influenced by money and power, and with no one, not even the
> President, responsible for its failures.
>
> The solution here is not tinkering. You can't fix DNA. You have to
> bury it. President Obama should get Congress to shut down the FCC and
> similar vestigial regulators, which put stability and special
> interests above the public good. In their place, Congress should
> create something we could call the Innovation Environment Protection
> Agency (iEPA), charged with a simple founding mission: "minimal
> intervention to maximize innovation." The iEPA's core purpose would be
> to protect innovation from its two historical enemies—excessive
> government favors, and excessive private monopoly power.
>
> Since the birth of the Republic, the U.S. government has been in the
> business of handing out "exclusive rights" (a.k.a., monopolies) in
> order to "promote progress" or enable new markets of communication.
> Patents and copyrights accomplish the first goal; giving away slices
> of the airwaves serves the second. No one doubts that these monopolies
> are sometimes necessary to stimulate innovation. Hollywood could not
> survive without a copyright system; privately funded drug development
> won't happen without patents. But if history has taught us anything,
> it is that special interests—the Disneys and Pfizers of the world—have
> become very good at clambering for more and more monopoly rights.
> Copyrights last almost a century now, and patents regulate "anything
> under the sun that is made by man," as the Supreme Court has put it.
> This is the story of endless bloat, with each round of new monopolies
> met with a gluttonous demand for more.
>
> The problem is that the government has never given a thought to when
> these monopolies help, and when they're merely handouts to companies
> with high-powered lobbyists. The iEPA's first task would thus be to
> reverse the unrestrained growth of these monopolies. For example, much
> of the wireless spectrum has been auctioned off to telecom monopolies,
> on the assumption that only by granting a monopoly could companies be
> encouraged to undertake the expensive task of building a network of
> cell towers or broadcasting stations. The iEPA would test this
> assumption, and essentially ask the question: do these monopolies do
> more harm than good? With a strong agency head, and a staff absolutely
> barred from industry ties, the iEPA could avoid the culture of
> favoritism that's come to define the FCC. And if it became credible in
> its monopoly-checking role, the agency could eventually apply this
> expertise to the area of patents and copyrights, guiding Congress's
> policymaking in these special-interest hornet nests.
>
> The iEPA's second task should be to assure that the nation's basic
> communications infrastructure spectrum— the wires, cables and cellular
> towers that serve as the highways of the information economy—remain
> open to new innovation, no matter who owns them. For example, "network
> neutrality" rules, when done right, aim simply to keep companies like
> Comcast and Verizon from skewing the rules in favor of or against
> certain types of content and services that run over their networks.
> The investors behind the next Skype or Amazon need to be sure that
> their hard work won't be thwarted by an arbitrary decision on the part
> of one of the gatekeepers of the Net. Such regulation need not, in my
> view, go as far as some Democrats have demanded. It need not put
> extreme limits on what the Verizons of the world can do with their
> network—they did, after all, build it in the first place—but no doubt
> a minimal set of rules is necessary to make sure that the Net
> continues to be a crucial platform for economic growth.
>
> Beyond these two tasks, what's most needed from the iEPA is benign
> neglect. Certainly, it should keep competition information flowing
> smoothly and limit destructive regulation at the state level, and it
> might encourage the government to spend more on public communications
> infrastructure, for example in the rural areas which private companies
> often ignore. But beyond these limited tasks, whole phone-books worth
> of regulation could simply be erased. And with it, we would remove
> many of the levers that lobbyists use to win favors to protect today's
> monopolists.
>
> America's economic future depends upon restarting an engine of
> innovation and technological growth. A first step is to remove the
> government from the mix as much as possible. This is the biggest
> problem with communication innovation around the world, as too many
> nations who should know better continue to preference legacy
> communication monopolies. It is a growing problem in our own country
> as well, as corporate America has come to believe that investments in
> influencing Washington pay more than investments in building a better
> mousetrap. That will only change when regulation is crafted as
> narrowly as possible. Only then can regulators serve the public good,
> instead of private protection. We need to kill a philosophy of
> regulation born with the 20th century, if we're to make possible a
> world of innovation in the 21st.
>
>
> Lessig is a professor at Stanford Law School and the author of five
> books, including most recently "Remix: Making Art and Commerce Thrive
> in the Hybrid Economy."
>
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>   


-- 
Sam Joseph, Ph.D.
Co-Director
Laboratory for Interactive Learning Technologies
Department of Information and Computer Sciences
University of Hawaii

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