Operating In the Public Interest Or In Pursuit of Private Profits by Dell Champlin and Janet Knoedler

Just by reading the title, it was clear that the essay would be about the pursuit of private profits.

Living in America and having the high hopes that I will one day take part in the business world. Although I completely agree that the, "synergies," as they are described in the article don't serve to help the public as much as it does aim for a higher margin of profit, I believe this still serves the public interest to a greater extent than most believe.

I am definitely not as well educated in this subject as the authors of this article are, but what I do believe is that even though this industry and its conglomerates may be profit driven, it is still a known fact that demand affects supply. Regardless of whether or not these media conglomerates are better suiting the life of the company, they will not be able to get away with fake news.

As for the rest of the essay, it was seemingly uninteresting because of my strong beliefs in the fact that being profit driven doesn't necessarily mean that there will be a downfall of society in a moral sense or what not.

I do not question any of the facts that have been listed throughout the bulk of the essay because this article was prepared for the Journal of Economic Issues. Someone would have to have a lot of gall to make up facts for something that would be posted to such a renowned academic journal.

I would really like to hear more about the facts behind the decline of society due to the assimilation of medias by the conglomerates.