“That very term – Fourth Estate – is being used more now, at the very time that the institution itself is changing its essence. The idea of a Fourth Estate arose with the Industrial Revolution and the inception of capitalism – the first three basically being the church, the ‘nobles,’ and everyone else – the 99%. The Fourth Estate has historically been a bit outside all that, but certainly outside the church and the state. Their purpose was to tell it like it is, keep things in balance, and be impartial truth-tellers. Major cities each had dozens of papers. But now the Fourth Estate has truly been captured by the ruling classes.”
http://www.caseyresearch.com/cdd/doug-casey-fourth-estate
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