Recent comments in /f/Documentaries

Tyler_Zoro t1_ixzuric wrote

Yes, the fundamental issue is that people stopped buying newspapers because easier ways of getting lower-quality news appeared. TV was a forced perspective on the News. You could watch it linearly on their schedule, the newspaper was still relevant in the age of TV news because it was non-linear and you could read on your schedule.

But as soon as the internet made it possible to randomly access whatever news you wanted, the quality of newspaper news became a much less powerful attractor.

The finance games in the OP are just the secondary effects of that transition.

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passporttohell t1_ixztoni wrote

The problem with this line of thinking is that it leans on the 'things will always get better' mantra.

This is my personal experience with that: I am 62 years old now, twenty years old when Reagan was elected. Prior to that there was much hope and promise with 'work hard and you will get ahead', 'Year by year your income will increase, you will go from renting an apartment to owning a home', 'there is always a better job around the corner', etc. etc.

Then Reagan came in and killed the 'Fairness Doctrine'

https://www.mtsu.edu/first-amendment/article/955/fairness-doctrine

Then FOX news became a thing, and it's been downhill ever since. Americans still believe they have a television (or print media) that mostly tells the truth, yet that hasn't been the case for many years now.

So on one side you have people that dig deep to find the truth, recognize propaganda when they see it, take the time to do fact checking to make sure their news sources are consistently telling the truth. etc. etc.

So while those who dig deep see a constant degradation in quality of living, wages, costs of living, education and health care the majority of Americans live in a bubble of misinformation, although more and more of them are beginning to question what is told in the news media vs. their own personal experiences with family, friends, co-workers.

I have been waiting for 'things to get better' since Reagan occupied the office. It has steadily gone hill ever since then with no reversal of course, and in some cases making sudden lurches into worse conditions than I had thought imaginable.

Lulling oneself into a false sense of security helps no one. Taking the time to become aware of how dangerous does more harm than good, best to rip off the bandaid, learn to seperate truth from fiction and figure out how you are going to react to the reality of where we are, whether that's to become more involved with local or national politics or start making plans to expatriate to another country with better standards of living, income, health care and education.

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tucci007 t1_ixzsaay wrote

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Rotterdam4119 t1_ixzpvvq wrote

It’s pretty simply really.

You and I can agree that I will sell you a share of Apple stock in 3 weeks for ‘x’ dollars per share. I’ve now “sold short” 1 apple share.

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KruppeTheWise t1_ixzor7g wrote

Are there? Look at twitter, let's say you're-

pro Musk-it takes a billionaire to buy a platform and "free" it from distortion out of the goodness of his heart.

Anti Musk- any billionaire can buy any media company and distort it to his and other billionaires interests.

In either situation, the prospect of a free and critical media is fucked.

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B_P_G t1_ixznvuh wrote

What do humans want to pay for? The issue is that the internet (over the span of a few years) changed the newspaper business from one of local monopolies or duopolies to a hypercompetitive market on a product with no marginal cost. Some of the former monopolies took that harder than others. But from a consumer perspective the internet has given you access to more news than ever.

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Nailz1115 t1_ixze9rn wrote

I don't have sympathy for Wall Street bankers but reporters/editors/etc. for local newspapers were solidly in the middle class. These were people covering city council meetings and baseball games and performing a real civic duty - keeping the locals informed

Very different from the people spewing nonsense and vitriol on cable news

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TurtleRockDuane t1_ixzdo87 wrote

Isn’t this issue as simple as we humans don’t want to pay for news? I mean like Napster and illegal downloading music, the free access to News decimated newspapers. Very few with Paywalls get enough subscribers.

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Riversntallbuildings t1_ixz1bpe wrote

Agreed. Which is why I keep advocating for more corporate regulations, consumer protections and modern Ranked Choice / STAR voting methods.

Improving our tools for democracy and reducing the power of the two party system is one of the biggest priorities I can think of.

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Riversntallbuildings t1_ixyzo74 wrote

Yes! That’s what I would say, more than anything else, try to support independent news sources.

In the age of information (AKA unregulated digital advertising) there is clearly an agenda to sell everything. Or nothing at all, in the example of climate change and how we can hold corporations accountable for the amount of waste and pollution they produce.

The idea of pushing the responsibility onto consumers when the corporations have done everything to erode the power (choice) of the consumers is at a tipping point. People are waking up, and they’re getting fed up with the hypocrisy.

At least I know I am.

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