Re: Alternate system
Yes, it absolutely does. But so does the current system.
What problems does the current system create that average users of the internet give a damn about? They don't care if new TLDs cost a lot, or there is corruption in ICANN. It doesn't affect the typical internet user! Hell I'm glad new TLDs are mostly a failure, it was a stupid idea from day one and if they were in wide use the internet would be in a bigger mess.
The average person is exposed to a lot of corruption in their day to day lives, from government, from corporations, etc. On the list of corrupt organizations measured by how much it personally affects them, ICANN would be somewhere in the thousands.