One way to understand Musk's takeover of Twitter is ask how many OTHER media outlets are now owned by right-wing billionaires.
THEN you start to see what's happening.
One way to understand Musk's takeover of Twitter is ask how many OTHER media outlets are now owned by right-wing billionaires.
THEN you start to see what's happening.
@dcjohnson Control the discourse and you control the populace.
I don't often don the foil hat; but when I doโฆ
@Denver @dcjohnson It's an extension of an underlying problem: failure of classical market theory.
Markets (including media markets) are SUPPOSED to be self-regulating as competition curbs market power. But in reality they tend towards oligopoly, if not monopoly.
New tech - like social media - can shake things up for a bit, but eventually oligopoly wins out.
And the most aggressive media oligopolists now either lean fascist (Murdoch, Elon) or are willing to cooperate with them (Zuckerberg).
Quibbling point, but there are no left-wing billionaires. The posession of that much money makes it impossible since you have to hire people to handle it for you. More importantly, it reduces your empathy to a pinhead:
https://www.scientificamerican.com/article/how-wealth-reduces-compassion/
Yes, I thought of her b4 posting that. But afaic, the jury's still out on her. I think that the unique circumstances of her acquisition of that money make everything, including her motives, kind of murky. I would like to think well of her, but you know the old saying "the exception that proves the rule" really means "that proofs [tests] the rule".
"Forbes reported, 'the unrestricted and ultimately more trusting nature of Scott's philanthropy is the exception, not the norm in their world.'"
@ShrikeTron @dcjohnson @GottaLaff
Pretty sure none of the above -- including Florida -- counted as a small-d "democratic state" before the takeover.
US media ownership by the billionaire class is probably worse than many think.
Harvard has a neat study, but keep scrolling to see more parts of each big fish.
https://projects.iq.harvard.edu/futureofmedia/index-us-mainstream-media-ownership
Our goal is to provide radical transparency and a better grasp of the U.S. Mainstream Media by listing publishers (owners, majority voting shareholders, and donors of titles) considered major US daily news sources. We have time-stamped this index โ May 11, 2021. To give the index structure, we have chosen to use third-party tracking of monthly views, unless reported at the source. In the case of cable TV, we combined daily prime-time audiences with monthly views. Our ranking of traffic is by no means a perfect science. Our focus was on ownership.

@ravensview George Soros donates a lot to organizations that promote democracy.
I guess that's the definition of left-wing. It certainly is to the right.
CNN's new righty owner has ruined #CNN on the one day at a time plan.
That Republican who was part of the Bush administration in his blah blah blah about today's Jan 6th Committee criminal referral of Trump, slipped in "the crimes committed by the President", referring to Biden. Quickly continued his blah blah blah. Whoever was the host did not call him on it. Let him get away with this Fox news style lie/propaganda.