  > the product is produces is not worth what it costs to produce it.

Media are the fourth estate. As such they are indispensable in a democratic state based on the rule of law.

How to kill it:

1. abolish the fairness doctrine. Selling fakes and lies = big profit. => fox news e.a.

2. Let moneyed interests run the show. Control the narratives => poor people voting for the billionaire interests at their own detriment

  > I'm just not sure there's a good solution to this.

I am not sure if it is still possible to mention public broadcasting because of dominant narratives ("public service bad, billionaire company good")¹, but left alone they will do a very good job usually.

1) As an exercise, who sponsors this narrative?

▲ snarf21 4 hours ago | parent [-]

I fear that in the last decade, even the PBSs of the world have pulled back. They still create content but they have been very loathe to come out against any interest that the billionaire philanthropists might object to.

▲

exceptione 4 hours ago | parent [-]

I don't know too much about PBS specifically, but I wouldn't be surprised if they are not immune to Elite Capture¹

1. https://en.wikipedia.org/wiki/Elite_capture

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pksebben 3 hours ago | parent [-]

woof, that article. The examples section doesn't contain a single concrete example and after reading the whole thing I can't tell whether they're talking about academics publishing news articles or congress' revolving door. Wikipedia has been struggling lately. Maybe that's what they're talking about.

	▲	exceptione 2 hours ago \| parent [-]
		effort. "Andersen et al. 2022 found that about 7.5 percent of foreign aid is diverted by elites." etc