With deregulation, one sector of the economy after another is "liberated" to capital's unmonitored authority. The very notion that there is a public interest is contested.
Herbert SchillerFor manipulation to be most effective, evidence of its presence should be nonexistent... It is essential, therefore, that people who are manipulated believe in the neutrality of their key social institutions.
Herbert Schillerhow can a democratic discourse exist in a corporate owned informational system? Who, for example, possesses freedom of speech in such a society?
Herbert SchillerCapitalism cannot be reduced to one or a few features, but it does possess one relationship, central to its existence and operation, that constitutes the essence of inequality and ineradicable instability: the wage-labor-capital connection that dwells at the heart of the system.
Herbert Schiller