…is Steve Bannon. (Yes, he’s a nasty nativist as well.)
In the last few days, Bannon has suggested increasing the top marginal rate to 44 percent and regulating Google and Facebook.
Both of these are good ideas. I’m sure that Bannon’s regulations of Facebook and Google might not be what I’d want, but the bottom line is that these are now the primary media organizations of the world: What people read or see is mostly determined by Google or Facebook–their algorithms and employees.
For example, three months ago, Google put out a new algo to reduce fake news. Result?
In the three months since Google implemented the changes to its search engine, fewer people have accessed left-wing and anti-war news sites. Based on information available on Alexa analytics, other sites that have experienced sharp drops in ranking include WikiLeaks, Alternet, Counterpunch, Global Research, Consortium News and Truthout. Even prominent democratic rights groups such as the American Civil Liberties Union and Amnesty International appear to have been hit.
Hey! What a surprise. Major corporation does something which makes people who tend to think badly of major corporations read less!
The bottom line is simple: Two companies control most of what people read and that should be under democratic control. And that’s before we even get to how Google and Facebook have systematically taken control of advertising, diverting more and more of the profit to them and away from actual content creators.
This is similar to the problem of railroads before major highways and trucking: farmers could only get crops to market through railroads, so railroads took almost all the profits. We have forgotten, but farmers hated the railroads with a sickly passion, and for good reason.
Google and Facebook determine who gets read, the political and economic repercussions of which are massive. (And Facebook’s CEO quite clearly wants to be President.)
Bannon is right, whether you like his other politics or not.
As far as the Trump admin goes, Ivanka and Jared are the ones who try to mitigate the nasty social stuff (often failing) and Bannon is the only one who wants ordinary Americans to do well.
You can despise all three, with good reason, but understand the reality.
Oh, and “fake news”? It exists, but the hysteria around it is being ridden heavily by people you want nothing to do with. And no fake news so far has ever equaled the New York Times lies which helped sell the Iraq war.
Fake news hysteria among elites is really just them saying: “Our monopoly on lies is being taken away from us! Only approved lies should be allowed!”
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