The media and the market economy

Many of you will know I’m not exactly a fan of the mar­ket eco­nomy. In fact I think, one day, it may come to be known as the single worst inven­tion humans have devised. And one area where it does the most dam­age is the main­stream media.

I’ve had argu­ments with news­pa­per edit­ors and other com­ment­at­ors about the homo­gen­isa­tion of dis­course in the main­stream media and invari­ably I’m accused of prof­fer­ing con­spir­acy the­or­ies. While I have noth­ing against the prof­fer­ing of con­spir­acy the­or­ies you don’t need a con­spir­acy the­ory to explain the fil­ter­ing that takes place in the media. People get to their pos­i­tions for many reas­ons but one reason you’ll find per­vas­ive in the main­stream media is pass­ive agree­ment of the idea that profits are largely sac­rosanct. Chal­lenge this idea in any sig­ni­fic­ant way and won’t find your­self part of the main­stream media. It ends up fram­ing our entire discourse.

Check out the latest on this from Media Lens: Intel­lec­tual Cleans­ing: Part 1, Keeping The Media Safe For Big Business

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