It’s no secret that local newspapers have been dying. Since 2004, the United States has lost a quarter of its newspapers — 70 dailies and over 2,000 weeklies. This has been devastating for communities across the country who depend on these newspapers to stay informed and engaged. There are many factors causing this decline, but one of the main culprits, especially as of late, has been Big Tech.
There’s a term to describe the actions of massive corporations manipulating the levers of state power to dominate their markets and pad their bottom lines at the expense of others. It’s crony capitalism. Under this system, crony capitalists flood Washington, DC with campaign contributions, pay-to-play experts, and legions of lobbyists to shape the laws and regulations that govern their industries.
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