Peter Suderman fisks socialist media thinking at The Nation:

I really can’t imagine how a government-funded journalism industry wouldn’t push out all else. If you follow debates about health care, you may be familiar with the idea of crowd-out insurance plans that go through a government connector (and thus are bound by its rules) eventually drive out private plans. In Canada, health-care administrators make it as difficult as possible for private plans to compete with the public system. It’s the nature of government enterprises, and I can’t imagine that wouldn’t be the case under any system resembling what Nichols and McChesney suggest. In the end, what they’re asking for isn’t a free press but a captured press. If that’s saving journalism, perhaps we ought to let it die.

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