Secondly though net neutrality is immoral by Objectivist standards because it regulates free enterprise and crushes healthy competition. If my DSL from ISP 1 doesn't give me the bandwidth that a DSL from ISP 2 could give me, I have the consumer choice to switch to ISP 2. Ayn Rand would roll over in her grave at this notion of net neutrality which is pretty much close to socialism, because it ruins consumer choice and competition. If ISP 1 and 2 are forced to provide the same bandwidth then my consumer choice goes out the window, and if I am a shareholder for ISP 1 or 2 then my opportunity as a shareholder to profit from different DSL packages gets reduced to. This hurts the consumer by destroying competition and thus choice, and this hurts the shareholder by hurting profit potential by undue regulation.
Think about it this way, as Sen. Stevens of Alaska mentioned, the internet is like a series of tubes, with finite carrying capacity. I don't want to have to wait until Monday to get a video emailed to me on Friday because the government has forced my ISP to adhere to some arbitrary standard of how my ISP can utilize the tubes of the internet. No, I want my video on Friday, the same day it was emailed. I want the choice, the freedom, to choose an Internet Service Provider who can pick the biggest tube out there to use to send me my video. I do not want my ISP to be forced by the government to send me my video via a smaller tube, where it has to wait in line behind a bunch of other videos in that same tube. (Note: I am using the loose terminology here for clarity, but I actually work in tech as a software qa engineer with a background in unit testing and gui automation, I am A+ and Network+ certified, so I do understand what I am talking about, just to be clear.) I want the consumer freedom to have an ISP that chooses the biggest tube out there to send me my video and I don't want the government telling my ISP what tube to use. Period. Net neutrality hurts me as the consumer, and it hurts the shareholder. An ISP should be allowed to operate however it likes to provide value and choice to the consumer and profit for its shareholders, and big brother should not get in the way. Ayn Rand would be ashamed of this conversation. I hope for the sake of Western civilization that net neutrality is rejected, or else we will all be singing the Internationale before long.
I realize this might not be a popular sentiment, and I also realize my "karma" may be affected by it, but Ms. Rand would not let fear of karma reductions keep her from speaking out on behalf of truth, justice, and the American Way, and neither should I. :-)