According to University of Illinois
professor Robert McChesney and The Nation's Washington
correspondent John Nichols, American journalism is “collapsing,"
an institution that “is all but extinguished.” This is an
emergency, they say, because it's the media that “sustains” this
country’s “democratic infrastructure.” This is a dubious argument,
writes Michael C. Moynihan, and their proposed remedy—a government
stake in the news business—won't reverse the trend of readers
defecting to non-traditional media outlets.
Reason Magazine
New at Reason: Michael C. Moynihan on the Stupidity of Involving Government in the Newspaper Business
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