It’s a fact that on the worldwide scale, the United States is behind many other countries when it comes to Internet access – both in our connection speed, and in the high cost of access. Nearly a third of the United States can’t afford a broadband internet connection, while in some countries such as Korea more than 9 out of 10 individuals have high speed internet access. Why not make broadband Internet access a public utility so that everyone can benefit from it? Here are some of the reasons why the US is behind when it comes to network connections.

Ultimately it comes down to greed. Sure, there is some expense associated with ensuring the availability of broadband internet across the diverse geography of the United States, but a bigger problem lies in the fact that just a few tech and communications giants control the entire nation’s internet access.

And where is the money from these conglomerates going? Into the pockets of some very wealthy CEOs is one of the main places – in fact, the CEOs from the four largest broadband access providers in the US make between $15 and $30 million a year each.

This is why the average American has less than half the internet speed of the average Korean – we pay more (about $100 per year more) for much less. Meanwhile, the profit margin of ISPs is incredible, with some companies spending as little as 5% of what they take in on providing the access they charge exorbitant rates for. The $100,000’s  we spend on internet access is used by these telecommunications giants to ensure that they continue to hold sway in Washington.

Within the next 3 years, it is projected that the average household will use over 50GB’s of data per month. Unfortunately due to corporate policies, it appears as if that data will have to trickle in at just a few MB’s at a time.