We admit the market won’t save us

“Journalism leaders called for Lee to fend off the vulture hedge fund in order to help preserve a democratic press. Lee told Alden they’d just need a higher return to sell us out.”

Two hundred years from now, there will be no hunger, poverty, or homelessness. Everyone will have access to the healthcare and education they need to live their best lives. Communities will be deeply connected. Mass incarceration will be a thing of the past. The environment will be cherished and white supremacy extinct.

What will local news look like then? And how are we building toward that future today?

One thing we know is we won’t reach utopia on the back of commercial media.

There will be no solution to the local news crisis or its deleterious effects on democratic institutions without the creation of an alternative public system to meet the news and information needs of working people.

With few exceptions, commercial news media is a financial instrument of the ultra-wealthy, leveraged for their profit or power at the expense of journalists and consumers alike.

When Alden Global Capital made a bid to buy Lee Enterprises, owner of 90 American dailies, Lee’s board of directors took a stand against the hedge fund known for pillaging newsrooms and exacerbating social problems in the communities it operates. After the board voted unanimously to oppose the purchase, board chairman Mary Junck elaborated on the decision. “The Alden proposal grossly undervalues Lee and fails to recognize the strength of our business today,” Junck said.

Journalism leaders called for Lee to fend off the vulture hedge fund in order to help preserve a democratic press. Lee told Alden they’d just need a higher return to sell us out.

Those same journalism leaders call on us to trust establishment media to respond to the crises their profiteering has wrought, and to subsidize them with our tax dollars to boot.

Profit is the raison d’être of commercial media. We cannot bet our bottom dollar on institutions and people that have consistently undermined the public good for their investors’ benefit. We must build an alternative system that treats access to local news and information as a right, a critical component of a democratic society and a sustainable economy, a keystone of a functional community.

In 2022, we’ll admit the market won’t save us. That it will take local, state, and federal investments in new public alternatives to inspire a resurgence in local news and civic participation.

The heyday of journalism is ahead of us. In 2022, we lay the foundation for that future.

Simon Galperin is founding director of the Community Info Coop.

Two hundred years from now, there will be no hunger, poverty, or homelessness. Everyone will have access to the healthcare and education they need to live their best lives. Communities will be deeply connected. Mass incarceration will be a thing of the past. The environment will be cherished and white supremacy extinct.

What will local news look like then? And how are we building toward that future today?

One thing we know is we won’t reach utopia on the back of commercial media.

There will be no solution to the local news crisis or its deleterious effects on democratic institutions without the creation of an alternative public system to meet the news and information needs of working people.

With few exceptions, commercial news media is a financial instrument of the ultra-wealthy, leveraged for their profit or power at the expense of journalists and consumers alike.

When Alden Global Capital made a bid to buy Lee Enterprises, owner of 90 American dailies, Lee’s board of directors took a stand against the hedge fund known for pillaging newsrooms and exacerbating social problems in the communities it operates. After the board voted unanimously to oppose the purchase, board chairman Mary Junck elaborated on the decision. “The Alden proposal grossly undervalues Lee and fails to recognize the strength of our business today,” Junck said.

Journalism leaders called for Lee to fend off the vulture hedge fund in order to help preserve a democratic press. Lee told Alden they’d just need a higher return to sell us out.

Those same journalism leaders call on us to trust establishment media to respond to the crises their profiteering has wrought, and to subsidize them with our tax dollars to boot.

Profit is the raison d’être of commercial media. We cannot bet our bottom dollar on institutions and people that have consistently undermined the public good for their investors’ benefit. We must build an alternative system that treats access to local news and information as a right, a critical component of a democratic society and a sustainable economy, a keystone of a functional community.

In 2022, we’ll admit the market won’t save us. That it will take local, state, and federal investments in new public alternatives to inspire a resurgence in local news and civic participation.

The heyday of journalism is ahead of us. In 2022, we lay the foundation for that future.

Simon Galperin is founding director of the Community Info Coop.

Errin Haines

Zizi Papacharissi

j. Siguru Wahutu

S. Mitra Kalita

Joanne McNeil

Meena Thiruvengadam

Ariel Zirulnick

Ståle Grut

Burt Herman

Amara Aguilar

Simon Galperin

Alice Antheaume

Millie Tran

Kerri Hoffman

Moreno Cruz Osório

Julia Angwin

Doris Truong

Matthew Pressman

Joni Deutsch

Stefanie Murray

John Davidow

Paul Cheung

Mario García

Victor Pickard

Tamar Charney

Parker Molloy

Nikki Usher

Kristen Muller

Larry Ryckman

Janelle Salanga

Eric Nuzum

Mary Walter-Brown

Natalia Viana

Shannon McGregor & Carolyn Schmitt

Anthony Nadler

Sarah Stonbely

Anika Anand

Stephen Fowler

Whitney Phillips

Rasmus Kleis Nielsen

Jim Friedlich

Candace Amos

David Cohn

Raney Aronson-Rath

Julia Munslow

James Green

Kendra Pierre-Louis

Joshua P. Darr

Tony Baranowski

Don Day

Izabella Kaminska

Mike Rispoli

Brian Moritz

Simon Allison

Francesco Zaffarano

Anita Varma

Catalina Albeanu

A.J. Bauer

Gabe Schneider

Matt DeRienzo

Gordon Crovitz

Shalabh Upadhyay

Joe Amditis

Jody Brannon

Andrew Freedman

Cristina Tardáguila

Sam Guzik

Chicas Poderosas

Rachel Glickhouse

Juleyka Lantigua

Tom Trewinnard

Amy Schmitz Weiss

Jonas Kaiser

Matt Karolian

Jessica Clark

Wilson Liévano

Jesse Holcomb

Michael W. Wagner

Richard Tofel

Christoph Mergerson

Jennifer Coogan

Mandy Jenkins

Cindy Royal

Christina Shih

Megan McCarthy

AX Mina

Joy Mayer

Chase Davis

Jesenia De Moya Correa

Kristen Jeffers

Laxmi Parthasarathy

Sarah Marshall

Gonzalo del Peon

Kathleen Searles & Rebekah Trumble

David Skok

Cherian George

Robert Hernandez

Jennifer Brandel

Daniel Eilemberg

Melody Kramer