this post was submitted on 18 May 2024
370 points (97.2% liked)
Technology
59656 readers
2726 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Billionaires and investment companies buying radio, TV and print media outlets, massively consolidating them and then turning all of them into engagement bait, rage bait and propaganda factories is what ruined journalism. Radio, TV and newspaper deregulation in the 80s and 90s was a massive mistake and is the major driver of the breakdown of civil discourse over the last 30y. Which, of course, is good for billionaires and Wall St because it leaves society too dysfunctional to reign in business as usual profit extraction.
You're right about the problems, but I wouldn't characterise deregulation as a mistake, it was a calculated plan that achieved its goals which were to benefit capital.
I just think it's important to understand that capitalism is set up to operate this way and will always devolve into barbarism.