Showing posts with label Rupert Murdoch. Show all posts
Showing posts with label Rupert Murdoch. Show all posts

20 March 2012

Information is the currency of democracy

So said Bob Brown, but of course it’s been said before.

I was at the launch of a new book by David McKnight on the political power of the Murdoch media empire (Rupert Murdoch : An investigation of political power / David McKnight. Crows Nest, NSW : Allen & Unwin, 2012). The event was organised by the Australia Institute and it occurred in the backyard of the Manning Clark House. The session was a discussion with David and Bob, led by questions from the AI’s Exec Director, Richard Denniss, and some audience questions. It wasn’t a large group in attendance and I wondered if they were disproportionately grey-haired. Perhaps the printed media is considered old hat, but they retain their agenda-setting importance and this inevitably gives political power, and this political power is very poorly contested in Australia, with only 2 major newspaper chains (News Ltd and Fairfax) and News Ltd having 70% of the overall market and several markets to itself. This allows News Ltd a great ability to share costs or cross-subsidise across its fleet of papers. There’s plenty of discussion of the power of media barons, and Murdoch/News Ltd in particular. Some interesting themes were: “everything comes down to the market” as an “emaciated view”; democracy is getting ideas out, yes, but not just selected points of view; exclusion as a key tactic in moulding political thought; big parties are restrained on climate change and politicians are “supine”; “the problem is .. you seek consistency” rang a bell; the call for inquiries by media, but the fretting over Finkelstein’s mild suggestions; more positively, the ultimate success of alternative themes in the face of media obstruction over recent decades, eg, feminism and environmentalism; the threats to media power when they break the rules and are seen to do so; the dangers for any power when it chooses the wrong side, eg, against science (Physics waits for no man); “we live in a work where wealth counts” evidenced by the ability to gain Australian residency with $250K in your pocket; “Australians are generous, good-hearted people, but fear is a great motivator” in reference to boat people; the power that comes with massive wealth is plutocracy - now in battle with democracy; the effectiveness of Murdoch as a great business person and the business-centred biographies written over the years. I felt it was an interesting encounter if sometimes disheartening. Despite the GFC, plutocracy keeps gaining, and we get closer to various emergencies: climate change, peak whatever. But I was thinking of another quote by the end: death comes to all men.

  • Abstract of Rupert Murdoch : An investigation of political power
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