Profit v conscience

Geneva Overholser at the Online Journalism Review wonders whether the traditional business model for journalism - i.e publishing companies run for profit - has distorted the social responsibilities of journalists. She quotes former investment banker Adlai Wertman, who claims that profit-seeking companies "quickly go from no social mission to no social responsibility" - resulting in a distorted notion of "what the public wants" when it comes to journalism, and a terribly inadequate news diet for a self-governing people.

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