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by rickmb
4919 days ago
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Shouldn't the US Postal Service have died a long time ago? It always amazes me how the US as self-proclaimed champions of the free market and technological progress still holds on to outdated, bureaucratic nationalized monopolies like the postal service. In many countries this market has already been privatized a long time ago, and/or scaled down to the point where relics like post offices no longer exist. |
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The same problem exists for telephones but the main approach has been to set high minimum prices that non-rural carriers have to pay rural carriers for traffic flowing from the former to the latter. This enables the rural providers to make a profit but leads to unintended consequences like free conference call companies set up in rural areas which get a kick back from the local provider for the incoming traffic they engender.