Technology revolution and Political views

When I was a kid, a wireless hand set was a symbol of luxury. Leave alone the internet. The facility to send information across the internet was highly controlled by the government. The huge potential of the web was never being tapped. The same goes with the Global Positioning System. It was illegal to take photographs of bridges due to security reasons. But now there is minimal government control on these high tech areas. The infusion of private capital into developing innovative technology has radically changed the way in which we live. Some political analysts uses this argument to advocate free economy.

Attributing this huge success to one single factor is not right. Free thought has been a huge force behind the success. But there are other factors including policy decisions to channelise investment. Lack of control has helped unhealthy practices to creep into the system. We had high tech frauds and bubble bursts. Other than the pace of change, the change is like any other one which has happened in our history. Painting it as the victory of one type of political thought is not right.