Re: Answers From A Capitalist
> A couple of questions
..where do you put everybody on the
> dial who wants to spin their favorite tunes,
The scarce resource of the airwaves will be rationed by money. Those who voluntarilly pay the price will get the ownership of the frequency and the use of it as their own property. Those who do not want to "put up" the money, will in effect "shut up."
do their own
> political commentary, or whatever?
If they pay, then they can play whatever they want or nothing at all. It will be their property.
Also, does it actually
> benefit a community if there are still financially sound
> broadcasters that can be depended upon to be there, as
> oposed to deciding to go fishing today and not broadcast
> that day.
Anyone who pays money for a working frequency would be foolish to leave it "dark" and dormant. Though it is their perogative. I own buildings, and I do not leave any of them vacant if I can help it. I have every building and apartment rented at every time.
You must remember that if you own a frequency you do not have to be the one that uses it. It is yours, and you can rent it to someone else, and be an owner but not a user of a radio frequency. Some people want to use but not own, and they can have a radio station, but not have to buy a frequency.
Also, how do you divide the already-limited amount
> of advertising revenue available (around 8%) 50 or 100
> different ways (the fact that it was divided 8 or 10 ways
> was already some of what led to '96 in the first place.)
All the allocation of resources and allocation of revenue is decided by the free market. The money/revenue will flow to the most efficient sources. It would not be that much different from today. It may be less expensive to advertise though. Maybe advertisers can use a break like that and pass the savings to the consumer. What a concept. Good entertaining radio will still make money under an unregulated and free system.
Thank you for you questions. I am a Libertarian and a Capitalist and I love talking about Capitalist ideas. Too bad our Socialist school system does not teach much about true Capitalism.
Freely yours,
Steven Green
>
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