The problem, in the USA for most people, is Comcast. Downspeed hardly matters. It's been plenty for decades. Upload speed has stagnated. I uploaded as fast in 2003 as I do now in 2022. And as others have said, it's not so much about 1 fast provider as many providers and choice. In my comcast monopoly my plan started at $60/mo in 2011 and without any changes on my end and no change in my upload speed that price has in…
My internet in the Silicon Valley today is worse than I had in Europe 10 years ago. It's pretty disillusioning.
My symmetric DSL then was faster than downstream-DOCSIS is now. I also have to keep a backup line, because Comcast here (SOMA) goes out about every other month, and I work from home. So I pay another $35 for MonkeyBrains, which is much slower, but more than nothing when Comcast is dead.
To paraphrase Gandhi, I think American capitalism would be a very good idea.