It is very likely that many firms spend more on advertising than, for their own best interests, they should.
Michael SchudsonAdvertising generally works to reinforce consumer trends rather than to initiate them.
Michael SchudsonChances are that neither the client nor the agency will ever know very much about what role the ad has played in sales or profits of the client, either short-term or long-term.
Michael SchudsonIt should be apparent that the belief in objectivity in journalism, as in other professions, is not just a claim about what kind of knowledge is reliable. It is also a moral philosophy, a declaration of what kind of thinking one should engage in, in making moral decisions. It is, moreover, a political commitment, for it provides a guide to what groups one should acknowledge as relevant audiences for judging one's own thoughts and acts.
Michael Schudson