How Our Gutless Media Helped Trigger the Credit Crisis
Truly educating the public seems a pretty remote goal for journalism when consumerism reigns. There's no consumer movement to make news; there are no leaders to be newsmakers, and few local government agencies left dedicated solely to the consumer cause. Heads of regulatory agencies rarely are invited to appear on the Sunday morning news shows, as they once were. There are only advocacy groups, including what remains of the old Nader organization, that get ... Full Story »
Posted by Diane Kamp
A great historical perspective on the decline of investigative journalism as it pertains to consumer protection. Reporters used to help protect the citizen from fraud and bad business practices. But since the 1980's, reporting has turned into advice pieces rather than exposing possible crimes. Just like so many other aspects of Milton Friedmanism, "me" is emphasized over "we".