[bestbits] New fiefdoms, and a political system to match

[parminder]

Comcast and Charter want to split up Time Warner's cable markets

http://j.mp/1d5gPN1   (Ars Technica)

     Comcast and Charter are working out a deal in which Charter would
     acquire Time Warner Cable (TWC) and then sell some of those assets to
     Comcast.  Previously, Charter offered to buy Time Warner for $61.3
     billion or $37.3 billion excluding TWC's debt. Time Warner management
     rejected the amount, but Charter is attempting to push an acquisition
     through by appealing to shareholders.  Today, Bloomberg reported that
     Comcast "is near a deal to buy New York City, North Carolina, and New
     England cable assets from Charter Communications Inc. if shareholders
     approve Charter's takeover bid for Time Warner Cable Inc."

(ends)

How many got so thoroughly fooled (willingly?)  about what WCIT and many 
global Internet governance battles are really about..... Sure, Internet, 
that bastion of freedom and multistakeholderism, should never be 
regulated! That would spoil the party, as a new capital-feudalism 
emerges, which also has its political seats reserved (as the Lords of 
yore had in the UK Parliament) through the new political system of 
multistakeholderism. So that they can make sure that no political 
process can come in their way ..... No comments here on the so called 
technical community (read ISOC's response to the recent US court verdict 
on net neutrality) and civil society.. ... It is a well designed 
cast.... Unless and until,  of course , the people rise....

Be sure that these early conquests in the US will be repeated in other 
countries soon.. This is an irresistible political economy paradigm - 
irresistible for the rich classes, which are now globally networked at 
the same time as they hide their narrow interests rather well... It is a 
potent structure and strategy. And no one to bell the cat!

parminder