Do most journalists, like @asymmetricinfo, truly fundamentally misunderstand their industry? Or is this gaslighting? http://bv.ms/2fk102c
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Replying to @AngloRemnant
I think the reason ppl like McArdle are confused is that, from $ standpoint, it seems easier to fit content to what audience
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Replying to @Sulla2389 @AngloRemnant
already believes than to mold the audience to believe different things. But the truth about media is that it's not so much
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Replying to @Sulla2389 @AngloRemnant
about making money. Ppl get into the news media business because they want power - influence. Those who want money get into
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Replying to @Sulla2389 @AngloRemnant
finance, law etc. This register to those like McArdle who are too into market theory and profit motive.
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Replying to @Sulla2389
How I'd put it is, a media outlet A) targets an established tribe, then B) molds beliefs. Megan doesn't even acknowledge A!
2:16 PM - 3 Nov 2016
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