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by hellojesus 1165 days ago
> Radio belongs to the people, it is the definition of a public good.

Public goods are defined as nonrivalous and nonexcludable. While you cannot exclude anyone from listening to your transmission, the very act of you transmitting prevents others from doing so on the same frequency, within the same locale. It is not a public good by definition.

Im very against government interference, but this is one situation in which government regulation makes sense, so long as the portions of the spectrum allocated to the public are fairly auctioned. Admittedly, I have no idea how the private allocation works.