Lawrence Lessig has proposed that the Federal Communications Commission (FCC) is corrupt beyond repair and that "President Obama should get Congress to shut down the FCC and similar vestigial regulators, which put stability and special interests above the public good." In a Newsweek exclusive opinion piece, Lessig urges that failure to "demolish regulators" charged with overseeing the nations digital pipelines will stifle the Skypes and YourTubes of the future.
"In their place, Congress should create something we could call the Innovation Environment Protection Agency (iEPA), charged with a simple founding mission: 'minimal intervention to maximize innovation.' The iEPA's core purpose would be to protect innovation from its two historical enemies-excessive government favors, and excessive private monopoly power."
Read full story: Newsweek
Updates: UPDATED Dec 25, 2008 11:00 AM PDT
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