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My point is that the forces at play likely have much more to do with what each outlet individually decides their audience is interested in and/or what would mak
by brown9-2 14y ago
My point is that the forces at play likely have much more to do with what each outlet individually decides their audience is interested in and/or what would make a good story for them. Media institutions are much more interested in their own bottom line (and ratings/readership/etc) than anything else.
- fnordfnordfnord 14y agoAre you suggesting the possibility that Rupert Murdoch might secretly be a liberal, just with a keen sense for business? While profit may always a motive, I suspect it's a very rare media entity that is objectively focused on profit.
- elemenohpee 14y agoIf they are not, market theory would predict that they would be replaced by entities that are.
- fnordfnordfnord 14y agoBut we're surrounded by evidence that efficient market theory is not how the world works.
- elemenohpee 14y agoBut that doesn't stop the ideologues in power from running companies as if it is.