KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK
 ·AT&T Yahoo
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| reply to Ulmo
Re: Get rid of the funding...
Monopolization of any industry, be it Telecom, Energy, Media, Manufacturing, Agriculture etc is always bad for the majority of people while very profitable for those who own the monopolizing entity.
The trick is balancing out the freedom of capitalism and the right to make money with the public interest of not wanting to be enslaved 
Right now, the balance is clearly tipped towards the interests of big business.
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"Regulatory capitalism is when companies invest in lawyers, lobbyists, and politicians, instead of plant, people, and customer service." - former FCC Chairman William Kennard (A real FCC Chairman, unlike the current Corporate Spokesperson in the job!) |
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Ulmo
join:2005-09-22
San Jose, CA
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| reply to Mike
said by Mike  :The entire idea behind the ban is that no one company has complete control over all forms of media. Also tiny media businesses are being absorbed by larger ones ect. So more or less it's the idea of Ted Turner or Rupert Murdoch not having a lock on the entire market. I agree that it is good to stop monopolizing the media, so at least we can have multiple points of view from the market. Regulating that when necessary is a good thing, however, regulations have a bad habit of being just wrong enough that they quickly get outdated (all those little imprecisions grow and multiply with time), and then they have a bad habit of not properly fixing them -- just adding more crap. So, the whole process is a mess, but at least they're attempting to prevent bad media complexes. I don't give them a free pass with my money and vested powers, but I do at least appreciate them attempting to do some good. For instance, I like being able to listen to Dr. Savage, but at the same time, I wonder what it would be like without him and furthermore what it would be like with him and more options than we have now than just him and the few we already have. (Today I tuned in and had trouble finding anything I could listen to without losing interest -- and I often try both sides of many fences.) |
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wierdo
join:2001-02-16
Tulsa, OK
 ·Future Nine Corpor..
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| reply to Mike
I get that, hence my saying I think the cross ownership rule should remain.
I don't have a huge problem with the idea of modestly sized newspaper chains (Stephens Media, who owns our local paper has never given me reason to think they shouldn't), nor of modestly sized radio or TV chains. The problem comes in when the chains grow too huge, or as you point out, the chain controls all the media outlets in a market.
I do think that enormous conglomerations of media outlets, like Time Warner, are sub-optimal to say the least. I'm all for capitalism, but like almost everything, it is only healthy in moderation. |
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Mike
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join:2000-09-17
Pittsburgh, PA
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| reply to wierdo
The entire idea behind the ban is that no one company has complete control over all forms of media.
Also tiny media businesses are being absorbed by larger ones ect. So more or less it's the idea of Ted Turner or Rupert Murdoch not having a lock on the entire market. |
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