I’d say that the marketplace, while efficient for some things, is not the appropriate model for news. The point of the marketplace is to deliver value to shareholders, not inform the public; it’s the wrong priority for the product. Blame that on the public if you want, but that will never change anything or get us better news. People are people and no amount of preaching personal responsibility will ever change that. If it could, we would have solved most of our social problems thousands of years ago, because if there’s one resource the world has never been short of, it’s moral scolds.
