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'Too much information' thanks ... : Comments
By Peter McMahon, published 1/6/2005Peter McMahon argues the democratic potential of global information technology has not yet fulfilled its early promise.
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About 85% of the net financial assets in the US are owned by 10% of families, and about 50% of families own virtually nothing (or are in debt). This situation is probably the same in Australia and most other countries, but what it creates is a pyramid shaped structure, with a super elite at the top, who mostly control those below.
To control those below, the super elite can control politicians (which may be rather old fashioned by now), or they can control the media, and by controlling the media, they have more direct control over the minds of the people. The super elite now has a lot of control over the media, and I also think the super elite is not that interested in such things as the environment or human rights.
Alternative news sources and the Internet can provide a means of breaking away from the mainstream media, (and eventually getting away from the control of the super elite), but unfortunately the Internet appears to be coming under increased control by the mainstream media. For example, news sources such as “Google News” http://news.google.com/news?ned=au use algorithms to search for news, but those algorithms will generally ignore alternative news sources, and simply regurgitate mainstream news which is often controlled by the super elite.
What are the options for removing or reducing the pyramid shaped structure with a super elite at the top. Well one option is for mainstream journalists to start reporting what people “should” be hearing. If journalists don’t do this, they themselves will forever remain towards the bottom of the pyramid, like most other people.