psvrh , (edited )
@psvrh@lemmy.ca avatar

The problem, for the likes of Reuters (who is owned by the Thompson family, who are the richest people in Canada) that the problem is the very system that's enriched them and people like them over the last fifty or so years.

They'd need to admit they were wrong in their desires to dismantle the post-WW2 New Deal era, and that while neoliberalism has worked out just dandy for them, it's been a net loss for a lot of people and is only getting worse. And that admission would mean they'd have to make do with less. Not that they'd be poor, but they'd need to be less obscenely rich.

And because this is such a hard admission to make, and because neoliberal technocracy has been working great for them so far, they'll nibble at the edges of the problem, maybe scapegoat a group or two, or fret about culture wars or indulge in the macroeconomic version of bikeshedding instead of dealing with the core issue.

Upton Sinclair was bang on with "It is difficult to get a man to understand something, when his salary depends upon his not understanding it."

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