Friday, September 23, 2011

All You Need to Know About Class Warfare

This article by Krugman summarizes several of the articles that we posted after the Obama speech on tax policy. If Krugman reached an audience the size of Fox News, we would have a better informed electorate. The Murdoch media empire, especially strong in Anglo countries, specializes in yellow journalism. The main purpose of yellow journalism is to inculcate an ideology in large segments of the population that is supportive of plutocracy and opposed to the self interest its audience. Many believe that they will win the lottery and become super rich, or they learn to perceive the super rich as their benefactors.

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