03/03/2012 13:10:03

One of the laws of the market is that the big ones eat the small ones. Almost all old metkars are oligopolies (usually performing some kind of collusion). This applies to the media market as well. All the countries, I know of, have increasing concentration on the media market. Like the economists, particularly the liberalistic on, rarely discuss the consequences of increasing concentration on the metkars, few discuss the political consequences of the concentration on the media market. Well, an exception is UK thanks to horrible criminal acts on the part of News of World, etc. But, will Murdoch's empire become split up? I bet it will not. Rather, the concentration problem on the media market will be drowned in silence, and the democratic problem connected to this will be silenced as well. It is as if we don't know the models of dismantling democracy: Italy and Russia. Berlusconi's and Putin's influence on the voters are based of their control over the media. They seem to have invented a new mild-fascist-democracy the principle of which is: Never persecute the people for saying what they like (they become really angry). But, the media, they MUST be controlled if necessary with harsh means. Is this the future we are heading towards? Because no powerful politicians dare to intervene in the increasing concentration on the media metkars?