Robert Reich: The Right’s blather about free enterprise risk-taking has it upside down. The higher you go in the economy, the easier it is to make money without taking any personal financial risk at all. The lower you go, the bigger the risks.
Journalism lost much of its edge when it became a profession, not a trade. And tightening budgets make it doubly hard on reporters who now must work online AND in print. But the accumulation of all media in just a few, huge corporate hands means journalism will never again protect democracy as it once did.