Yup. It's all thanks to the ISP monopolies. It really isn't any more complicated than that.
Years back, the biggest ISPs figured out how to keep their market shares just under the FCC's anti-trust limit, and have spent their following years making deals to remap their little empires specifically to avoid competing to keep rates high and to drip feed upgrades. Just as with cell phone providers, the game is "Overcharge for the longest period of time possible."
It's why the biggest internet provider in my region has changed three times in the last 8 years. I don't mean small or middling ISPs getting bought up or moving, but regional giants like Comcast and Frontier, moving completely in/out in the span of just a few years. The only way that's possible is if they're just changing ownership of the infrastructure and not the infrastructure itself. They certainly aren't improving it. Locally (for me) rates have gone up but speeds have stayed the same in the last 5 years.
Cable was a rarity in my neighborhood back when it cost 40USD/month for 3.5Mbps (2003).
Now it's sitting at 130/month for ~10Mbps(2013), but is everywhere because there is literally NO OTHER OPTION for cable.
I was on fucking 56k until 2009, because of this; now I'm on DSL which ironically COST LESS THAN THE 56K RATE back when it was new. That is how profoundly fucked up ISPs are in the US, and I know it's not just my region.
redknightalex said:
And this is really the problem: infrastructure. America, as Crawford has pointed out in interviews and in her own book on the subject (great read, btw), lacks the fiber-optic backbone that can get to the inner cities not only because it has yet to build it but also because these companies don't want to spend the money to offer their customers better service when they have a monopoly anyway. The whole system is ridiculous, fixed, and yet completely fixable. With speeds on a single backbone connection running at 100Gb/s there is no excuse, other than pure greed on a companies part, to not have better service in America.
Plus, if we actually got around to caring and working on the infrastructure set up in the 70s or earlier, we could create new jobs and boost the economy. Why is this such a hard thing to figure out?!
Because just as it was with the oil industry, amazing profits for investors is far more valuable than helping the rest of the economy.
Big Media has deep pockets and lots of connections in Washington;, which is why they've been allowed to keep their litle empire of monopolies going for as long as they have; it'd take a remarkable effort to uproot them on the part of the public.