Re: [Pen-l] Steven Rattner: capitalist pig of the month

[Jim Devine <jdevine03@xxxxxxxxx>]

me:
>> much as I'd like to blame "Punch" for the NYT's progressing demise,
>> aren't most US newspapers veering toward failure these days?

Louis:
> You should read the Vanity Fair article. Here's the relevant passage:

thanks for posting this. It's interesting. I'd say that most US
newspapers have been suffering from pretty much the same kind of
conservatism as the NYT. The key problem is that while they get
revenues every time they print a newspaper on paper and sell it, they
tend to be blind when it comes to figuring how to profit from the web.
The NYT's extra blindness may arise from the fact that Sulzberger sees
his newspaper as better than all the rest, as "the newspaper of
[capitalist] record." This has encouraged hubris.

-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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