4 ms·
While The Economist has some redeeming factors and is often worth reading, it should be noted that it is not the objective dispassionate newspaper it claims to
by bolzano 5y ago
While The Economist has some redeeming factors and is often worth reading, it should be noted that it is not the objective dispassionate newspaper it claims to be. The Financial Times is far more honest about its commitments.
It is one of the main journals of the liberal business elite and has a fairly awful (and fascinating) anti labour history. It cloaks itself in a casual Oxbridge patina of disinterested expertise, but at its core, it radically advocates for liberal international capital, deregulation and privatisation. Neoliberalism to use a modern polysyllabic word.
Its stance towards the Irish famine should give one a taste of its beliefs, and they haven't changed much in 170 years or so... There have been some wonderful articles written on this publication, and I'd urge anyone to take a look at the publication from another angle.
[1] What the Economist doesn’t tell you - https://www.prospectmagazine.co.uk/magazine/what-the-economist-doesnt-tell-you-liberal-democracy-populism-review https://www.prospectmagazine.co.uk/magazine/what-the-economi...
[2] "The Economics of the Colonial Cringe," about The Economist magazine; Washington Post, 1991 - https://www.theatlantic.com/technology/archive/1991/10/-quot-the-economics-of-the-colonial-cringe-quot-about-the-economist-magazine-washington-post-1991/7415/ https://www.theatlantic.com/technology/archive/1991/10/-quot...
[3] How The Economist Thinks - https://www.currentaffairs.org/2017/05/how-the-economist-thinks https://www.currentaffairs.org/2017/05/how-the-economist-thi...
- anonu 5y agoI've been a long-time reader of the Economist - probably started reading it around age 13 before they went full color (an event that made me think they would lose a bit of their sober reporting). Over the years I've picked up on their neoliberal stance on world affairs - they are not a neutral party by any means. They push some strong opinions and often venture into predictions on future political events that, more often than not in recent years, have turned out flat wrong.
- martingoodson 5y agoThis is from a recent edition-is it ‘radically advocating’ for deregulation? ‘Today big tech is in disrepute, not unlike banks after the Wall Street Crash of 1929 and the situation in 2008. In both cases, regulators marched in. [...] Lawmakers and regulators should apply that ethos by imposing similar obligations on the tech titans‘