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Wednesday, February 19, 2014

Digital-Journalism Entrepreneurs: Lured by Technology or Fleeing Journalistic Decadence?

How does a business model premised on abundance rather than scarcity look? Will the budding journalistic entrepreneurs end up freely adding to the trove of abundance subtly yet indelibly points to selective scarcity, or will the sea of free abundance dry up once the economic need for a viable revenue stream finally calls in the loan? If only we had infallible crystal balls capable of showing us the future. Rather than staring into the still-foggy abyss, let’s try breaking off pieces of the mammoth digital-media revolution that can be answered.  In this essay, I tackle the question of whether the expansion of online journalism has been primarily chasing the open-ended promise of the burgeoning technology, or pushing away from increasingly decadence in the traditional media. In investigating this question, I do not mean to imply a direct relation to the broader question. Putting GlobalPost under the microscope, I contend that shortcomings increasingly evident in the traditional media have been giving the online revolution a “shot in the arm” in the form of a transfer of talent.  

The full essay is in Cases of Unethical Business: A Malignant Mentality of Mendacity, available in print and as an ebook at Amazon.