It doesn't look like a flailing grasp to me. It looks to me like the press has way too much power and influence and uses it to get policy bad for the public but good for the press.
This idea that the press is dying just because its revenue is drying up isn't rooted in reality. The press has enough influence to just make the public give it money, bypassing the whole "sell stuff" part of the model. For example, Canada just gave the press, as an industry, $595 million of the public's money for some reason.
No, the press is more powerful than ever. And why? Because if you have something nice and the press hates you, you're very likely to lose that nice thing.
This idea that the press is dying just because its revenue is drying up isn't rooted in reality. The press has enough influence to just make the public give it money, bypassing the whole "sell stuff" part of the model. For example, Canada just gave the press, as an industry, $595 million of the public's money for some reason.
No, the press is more powerful than ever. And why? Because if you have something nice and the press hates you, you're very likely to lose that nice thing.