this post was submitted on 26 Oct 2024
268 points (98.6% liked)
196
16721 readers
2436 users here now
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The free market failed is why.
The concept is people would only pay for news that they want/support. Sensationalization, the Internet, MKultra level advertising and simply how information is shared but not paid for gave rise to fake news.
Now you make money lying to make more money. Why bother with the truth is nobody pays for it in an economy where you need to be paid to survive?
Feels like then the "free" market is at odds with factual reporting