Media Responsibilities

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Is Media Responsible For This Miserable Economic Condition?

Posted on 02 December 2009. Tags: media and economics, media responsibilities

When I talk about economy, what do you think it comprises of? It is an overall behavior of the total population or consumers. And you cannot deny when I say that much of this consumer behavior is based on the reports (or rather propaganda) of the media. You would definitely not have a bit of confidence in the state’s economy when you see the crashing stock market, increasing food prices, number of employees laid off each day, or every penny rise in the gas prices. Oh, it’s so horrifying. Or you have to be so damn rich that these major changes just don’t seem to affect you. However, I am talking about the majority of population that’s facing the consequences. But is it right to blame the media just because they give you price updates? Is it ethical to hold the media responsible [...]

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