The reason why internet is slow in the US is because of its own network.
The internet is a world-wide network.
Japan has 100mbps internet (I think?). They developed it, they implemented it. Unsure if it was public or private enterprise. So internet within Japan is freakin-fast. But, people inside Japan connecting to US-based websites would find connection speed much slower to those websites.
Regardless... slowness of US internet has everything to do with profits:
Capitalism isn't about being the best or doing what's right, its about making money. If communication companies can save money by using slower, cheaper equipment, they will do it to keep their profits. US isn't Japan, its extremely expensive to implement the same technology here.
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