Manufacturing Catastrophe | Climate Change: Why we can’t trust mainstream media | Climate & Capitalism

Q: What’s the problem with mainstream media?

A: Mainstream media outlets are (subsidiaries of) for-profit corporations acting in the system of capitalism. Therefore, their central objective is to maximize quarterly gain for their shareholders, the majority of which are multibillion-dollar financial institutions.[2] Because corporations are responsible to stockowners first, capitalist accumulation comes at the expense of workers and the environment, as businesses exploit cheap labor and extract resources in the most efficient manner, no matter how ecologically devastating that may be, in an effort to increase surplus value for the owning class.[3]

Mainstream news sources rely on advertising to generate revenue, meaning they need to sell marketing opportunities to other corporations. Because of this arrangement, mainstream media cannot sincerely critique corporate capitalism, as it would be self-sabotage to challenge the very system on which their business model depends.

…(read more).

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