{"id":1158,"date":"2007-07-31T15:27:10","date_gmt":"2007-07-31T15:27:10","guid":{"rendered":"http:\/\/blog.beliefnet.com\/godspolitics\/2007\/07\/free-market-champions-worst-en.html"},"modified":"2007-07-31T15:27:10","modified_gmt":"2007-07-31T15:27:10","slug":"free-market-champions-worst-en","status":"publish","type":"post","link":"https:\/\/www.beliefnet.com\/columnists\/godspolitics\/2007\/07\/free-market-champions-worst-en.html","title":{"rendered":"Elizabeth Palmberg: Free Market Champion\u2019s Worst Enemy: Free Market"},"content":{"rendered":"<p>In the wake of today\u2019s news that Rupert Murdoch appears to have won his battle to buy <em>The Wall Street Journal<\/em>, a former <em>Journal <\/em>columnist <a href=\"http:\/\/www.msnbc.msn.com\/id\/19916213\/\">expresses his concern that the paper will lose journalistic integrity<\/a>:<\/p>\n<blockquote><p>Standards are the lifeblood of WSJ and its related properties. \u2026 I remember being told in a meeting that not only were advertising representatives who sold for WSJ.com on a different floor; we weren&#8217;t even allowed to know their names. That way, ad reps and their clients could never influence a story.<br \/>\nIt is hard to imagine that News Corp. \u2014 a juggernaut with more than $25 billion in revenue in 2006 \u2014 will keep such ideas in place, considered almost relics in a struggling business. Since Murdoch\u2019s bid was announced, <em>The Wall Street Journal <\/em>has excelled at covering the story about itself. If bad news erupts about News Corp., will Murdoch dare let reporters investigate the problem and potentially scare off advertisers?<\/p><\/blockquote>\n<p>This is the second installment in the <a href=\"http:\/\/www.commondreams.org\/archive\/2007\/06\/29\/2172\/\">Rupert Murdoch Cultural Parable Series<\/a>. Its predecessor was, of course, the Parable of the Fox (Network) and the Hounds, a.k.a. <a href=\"http:\/\/www.parentstv.org\/ptc\/publications\/release\/2004\/1012.asp\">Social Conservatives\u2019 Worst Enemy<\/a>: <a href=\"http:\/\/blog.fittoprintnews.com\/2007\/07\/21\/ny-timesnational-public-radio-poll-shows-bias-at-fox-news\/\">Political Conservatives<\/a>.<br \/>\n<em>Elizabeth Palmberg is an assistant editor for<\/em> Sojourners.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the wake of today\u2019s news that Rupert Murdoch appears to have won his battle to buy The Wall Street Journal, a former Journal columnist expresses his concern that the paper will lose journalistic integrity: Standards are the lifeblood of WSJ and its related properties. \u2026 I remember being told in a meeting that not&hellip;<\/p>\n","protected":false},"author":380,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,6],"tags":[],"class_list":["post-1158","post","type-post","status-publish","format-standard","hentry","category-economy","category-media"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - 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