With almost total unanimity, our big, corporate owners, infected with the greed that marks the end of the 20th Century, stretch constantly for ever-increasing profit, condemning quality to take the hindmost. If there is any solution to this problem it might be found in educating the share-holding public to their responsibility in owning this business which is fundamental to the preservation of our democracy.
If they understood the nature of this public service and treated their investment in it accordingly, we would be saved from compromising journalistic integrity in the mad scramble for ratings and circulation. In other words, if they did not expect the constantly increasing, unconscionable profits now expected from most investments but accepted a rational and steady return on their investment in this essential public service of newspapers and broadcast news.
