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Commentary
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The new politics of media ownership.
We are currently experiencing a plethora of crises--separate but interrelated. And while crisis is an overused word in today's circumstances it is entirely appropriate.
Dominating the political landscape is a global economic crisis of a magnitude we haven't seen for decades. With forecasts of a double dip recovery, those green-shoots on which the bankers are hallucinating may well turn out to be an illusion. For the two and half million jobless (and, if David Blanchflower's predictions are right, hundreds of thousands more yet to be added), it will be some time before illusion becomes reality. Here in Britain, scandalised bankers have been reprieved by scandalised politicians. Details of MPs' expenses have brought shame upon themselves and the contempt of the public. A political crisis unprecedented in scope and scale as it affects the entire political class, although importantly not every politician. (A crisis not helped by the release by the House of Commons authorities of blacked out documents--'redacted' in the jargon--a presentational disaster equalled only by the Prime Minister's announcement of an inquiry into the run up and conduct of the Iraq War. Instead of an announcement that should have provided some respite for Gordon Brown, under attack on all fronts, siren voices turned the correct decision in...See the full content of this document
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