Wasn't 1998 the midpoint of one the greatest economic booms in history? Kinda like the one we are currently in? As a 90s kid I remember hearing about how record unemployment and stock records on TV back then. It's amazing that the guardian hasn't had a profit in 20 years.
This just shows that major news companies are not real companies, but state or systematic enterpises. I can see microsoft or google going out of business sometime in the future. But I can't see the guardian or the nytimes or any of the major news companies going out of business. Because they are part of the system though they claim to be the ones keeping an eye on the system.
If I were a betting man, I'd bet that in 100 years, amazon won't exist. But I'd never bet that the nytimes wouldn't exist. Though amazon may be a trillion dollar company, it's still a company. Whiles the nytimes is more than a system. It's part of the power structure.
This just shows that major news companies are not real companies, but state or systematic enterpises. I can see microsoft or google going out of business sometime in the future. But I can't see the guardian or the nytimes or any of the major news companies going out of business. Because they are part of the system though they claim to be the ones keeping an eye on the system.
If I were a betting man, I'd bet that in 100 years, amazon won't exist. But I'd never bet that the nytimes wouldn't exist. Though amazon may be a trillion dollar company, it's still a company. Whiles the nytimes is more than a system. It's part of the power structure.