Dunemeister
Well-Known Member
Interesting article from the CBC, worth checking out:
Car company failures? Blame the media
Note that the article doesn't blame the whole thing on the media, but points out that the North American media's business model put auto reporters and the papers they wrote for at the mercy of the manufacturers. There was little critical reporting because there were strong financial incentives to avoid it. Yet if the media had questioned industry practices rather than fawning over SUVs, it may well have caused the manufacturers to change their practices and as a result they may not have suffered such a drastic meltdown.
Thoughts?
Car company failures? Blame the media
Note that the article doesn't blame the whole thing on the media, but points out that the North American media's business model put auto reporters and the papers they wrote for at the mercy of the manufacturers. There was little critical reporting because there were strong financial incentives to avoid it. Yet if the media had questioned industry practices rather than fawning over SUVs, it may well have caused the manufacturers to change their practices and as a result they may not have suffered such a drastic meltdown.
Thoughts?