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llm_trw 7 months ago

I'm having a hard time understanding what your complaint is.

That the worlds premier capitalist publication publishes facts capitalists find useful?

Yes.

Also bears shit in the woods.

mandmandam 7 months ago | parent [-]

> I'm having a hard time understanding what your complaint is.

That the word reliable was being used to describe the FT.

'Reliable' within a certain narrow context for the people trashing our potential (ie, the capital class)? Yes.

'Reliable' within a broader context, where we get to the root causes of our catastrophic inequality, our over extraction of resources, our environmental destruction, our war mongering leaders, etc? Also yes; but in precisely the wrong way. They can be relied on to support whatever makes the yacht class more money in the next few quarters.

This matters because corporate media has been truly complicit in much of our impending doom/s; the FT being far from an exception.

Handy tip: If someone's point seems very obvious, like where bears shit, it's usually worth reading the comment again to see if you've missed something. Ie in this case, the entire second half of my comment.

Jensson 7 months ago | parent [-]

> 'Reliable' within a broader context, where we get to the root causes of our catastrophic inequality, our over extraction of resources, our environmental destruction, our war mongering leaders, etc? Also yes; but in precisely the wrong way. They can be relied on to support whatever makes the yacht class more money in the next few quarters.

They are financial news, if you want to read news or opinion articles about other topics go read something else. Something being important doesn't mean it should be written about everywhere.

mandmandam 7 months ago | parent [-]

> They are financial news, if you want to read news or opinion articles about other topics go read something else.

Financial news from a specific and narrow viewpoint. There are others.

This is the third time I've said it now. It would be nice to know where the confusion is coming from. Is it simply that many people can't imagine any alternate view of finance news, other than that sold by FT?

llm_trw 7 months ago | parent [-]

A fanatic is one who can't change his mind and won't change the subject.

mandmandam 7 months ago | parent [-]

I'll try one more time - just for you llm.

What if, back in the slavery days, a newspaper reported solely from the perspective of slaveholders, never slaves. They only printed 'facts' - how much a slave could be expected to depreciate by age, which regions produced the hardest working slaves, etc.

Would this be a 'reliable' paper? Would it just be 'financial news'? Would it simply be a 'premier capitalist publication publishing facts capitalists find useful'? Well, yes, in a way.

And that's exactly what financial newspapers back then did. They traded in dry, money making facts - in support of a deeply exploitative and unsustainable system. Always from one particular perspective - the slaveholder's; that of the ownership class.

'Reliable' isn't a word I would have chosen to describe them.

In more modern times, FT takes huge ad money from fossil fuel companies, cheer-leads the likes of Thatcher and Reagan, has never met a neoliberal/neocon since that they didn't love; and takes the view of the 0.1% 99.9% of the time. Almost completely heedless of the permanent damage that is being done to all life on Earth as a result, except as a side note in an article about how apocalypse might affect your portfolio.

Will any of this sink in? Can you change your mind, or at least the subject? Let's see.