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Two major problems these days are, first, Citizens United unleashed insane amounts of corporate funding into the election cycle. Second, the news media is 90%
by toss1 3y ago
Two major problems these days are, first, Citizens United unleashed insane amounts of corporate funding into the election cycle.
Second, the news media is 90% owned by six corporations [0] (vs 50+ in 1983), all of which are all-in on preventing administrations that would bring back conditions in which they pay a fair share of taxes. These news operations are marginally profitable at best, are being massively cutback, and their coverage is designed to perhaps appear liberal, but in fact support corporate goals. What major corporation is going to allow a media org to advocate that it be taxed more and face more regulation?
[0] https://www.businessinsider.com/these-6-corporations-control-90-of-the-media-in-america-2012-6?op=1 https://www.businessinsider.com/these-6-corporations-control...
[1] https://www.transcend.org/tms/2022/04/the-monopoly-on-your-mind-part-1-six-media-companies-control-90-of-what-you-read-watch-and-hear/ https://www.transcend.org/tms/2022/04/the-monopoly-on-your-m...