Telecommunications | Topical Seminar in Industry & Management
T453 | 27597 | Cherry, B.

TOPIC: Deregulation and Social Change

The focus of this seminar course is based on the premise that recent
experience under deregulatory policies reveals an acute challenge
for institutional governance. More specifically, government must
develop greater regulatory resilience  that is, create regulatory
structures and policies that are more adaptive to the complexity and
increasing pace of technological innovation and ensuing economic and
social changes  yet such regulatory resilience must also be
constrained by sustainability of the rule of law.  The electricity
crisis in California and the recent subprime mortgage crisis in the
U.S. are illustrative of the unpredictability and rapidity with
which market instabilities can appear and cascade to potentially
catastrophic levels, and for which the difficulties of institutional
governance are already apparent.  Recent deregulatory
telecommunications policies, particularly related to broadband and
the internet, may be creating conditions for similar future

This seminar also explores the proposition that the problems
revealed under deregulatory policies are symptomatic of a deeper,
more fundamental set of sustainability problems arising from an
historical process of accelerated technological and social change
referred to as the social acceleration of time (William E.
(2004)). The social acceleration of time, for which new means of
high-speed communication and deregulatory telecommunications
policies are contributing factors, may be undermining the
sustainability of the rule of law itself.  For this reason,
telecommunications policy research must be conducted to address the
challenge of institutional governance in this broader context.

2:30PM - 3:45PM T,R

To see which requirements, in the College of Arts and Sciences, this
course will fulfill consult the College Bulletin at
If you have questions, or need additional help, see your academic