Murdoch, media, cops and politics

posted by
July 19, 2011
Ideas
by David Friedman  
Posted in Commentary

"I am not sure exactly where Murdoch ranked in the list of 'X richest men,' but he was not in the latest Forbes top twenty. He had more influence than people who were considerably richer than he was. Why? In the case of influence over politicians, the answer is obvious. Electoral support from a popular newspaper or TV station is worth votes. So is the willingness of major media to slant stories in your favor, to deflect attention from your errors and misdeeds and focus it on your successes while applying the opposite policy to your opponents. Murdoch had something valuable to offer politicians; it is hardly surprising if they were willing to do him favors in exchange." (07/18/11)

http://tinyurl.com/3v8xkyq  

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