Reaganomics and Corporate Control: Impact on American Journalism

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With the rampant increase of corporate power, the Reagan Administration allowed pro­profit industries to progress because of his agenda that was anti regulation. During the 1980’s, the movement of communism was dying off, thus allowing American economic policies to incorporate anti-communist ideals. For instance, Reaganomics was the framework for immense corporate power “which called for widespread tax cuts, decreased social spending, increased military spending, and the deregulation of domestic markets” (PBS). The Reagan Administration created a huge influence towards the development of corporate media, as it allowed them to progress with biased­ perspectives by controlling the narrative. For example, the Reagan diminished the Fairness Doctrine,
This affects the role of journalism in the American press, because journalist have a code of ethics to abide to, instead of protecting their chain of command. During a time of private ownership in the mass media, undercover reporting has been negatively labeled, considering they are ignoring the power-dynamics in the news room. Through personal experience on a college student-publication, I single-handling witnessed the hierarchy in the newsroom, which always changed the narrative of my story. I was not reporting student-newsworthy information, rather putting a student narrative through my executive 's approval. Following this hierarchy in the news room exemplifies how the role of journalism is regulated by the very few people who own and operate these news outlets. Undercover stories are researched in secrecy and usually information is not exposed until the whole article or publication is released. The lack of undercover journalism is a result of the immense power news executives have to manipulate news. Brooke Kroeger, Professor at New York University is an advocate for undercover reporting and what is has done for the news industry. Kroeger states, “[Undercover reporting] has proved to be an indispensable tool in the high-value, high-impact journalism of changing systems and righting wrongs” (Kroeger 8). Throughout her book, she
One example would be how corporate news outlets distract the public with sensational pop culture, rather than educating the public. CEO of The Public Broadcasting Service, Pat Michael claims “ the media pander to youth, giving them what they want rather than what they need. The result is a generation, more concerned about their role as consumers than their role as citizens. ‘They’d rather be entertained than informed’” (Considine). Distraction is a prominent factor in maintaining social order, since it allows the public to be blinded by entertainment, thereby not taking interesting in social change. In a time of vast information, when entertainment dominates the evening headlines, this exemplifies how corporate media prioritizes specific information over others. The freedom of the press is not defined by media manipulation and corporate control,“The way the news media function, the stories they select, the ones they reject, their spin, point of view and bias, whether blatant or subtle, are crucial to the functioning of a healthy democracy”

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