... the age old one about capitalism vs socialism
That statement completely misses the point. Both capitalist and socialist societies are based on rules and laws. If you dream about a world without those, then you speak about anarchism.
The question is whether you worry about overly burdensome laws or about monopolistic company behavior. Seems like a lot of the US ISPs earned a negative reputation for monopolistic tendencies (pushing products that are good for their bottom line to a captive audience and not competing with the offers the customers want).
I hope you guys figure that one out, the rest of the world is watching...