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The Airwaves are part of our natural commons. The Media is part of our Cultural Commons. They are intertwined and both need protecting.
The 2006 Justice Rising issue devoted to Media is full of articles on the state of this Commons. Information and Democracy: Corporate Control and the Rise of Popular Media.
Wikipedia article on the effects if the 1996 Telecommunications Act
A good overview on the airwaves:
Friends
of the Commons - Airwaves
Free Press Community Wireless Networks in Perspective
Steven Dunifer, Seize the Airwaves! This pirate radio activist speaks out and the title says it all.
Source of John McCain quote "They used to rob trains in
the old west, now we rob spectrum:"
The
Great Airwaves Robbery by Michael Calabrese. 2001 article
on FCC rulings.