To own the dominant, or only, newspaper in a mid-sized American city was, for many decades, a kind of license to print money. In the Internet age, however, no one has figured out how to rescue the newspaper in the United States or abroad. – Eric Alterman
Local politics, like everything else, are not what they used to be. But the fact is that our political system – like our physical existence – still breaks down along geographical lines. – Eric Alterman
As a parent and a citizen, Ill take a Bill Gates (or Warren Buffett) over Steve Jobs every time. If we must have billionaires, better they should ignore Jobss example and instead embrace the morality and wisdom of the great industrialist-philanthropist Andrew Carnegie. – Eric Alterman
The ability of the 1 percent to buy politicians and regulators is nothing new in American politics – just as inequality has been a permanent part of our economic system. This is true of virtually all political and economic systems. – Eric Alterman