Paul's Literature Review
A lot of the conventional wisdom thinks that the cause of the decline of journalism today is that the Internet killed it, and it destroyed the business model, or that the Great Recession took away advertising, and had the Internet not come along, or had the Great Recession not taken place, everything would be just fine and journalism would be quite strong. What we demonstrate in the book— and I think the evidence is fairly overwhelming—is that the crisis of journalism began decades ago. The profit motive ultimately is not compatible with the public service of journalism, particularly when it’s sheathed in a conglomerate that makes its money by stripping newsrooms for parts of monopolistic environments.
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