“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
Related posts:
Sheila Bair’s Bailout Blame Game
Is Your Portfolio Ready for this Coming Disaster?
Paul Rosenberg: 9 Plagues That Are Collapsing Capitalism
National-Security State Toadies Are Guilty Of Hypocrisy On Snowden
David Galland: Chains of Convention
How The USA Captures Whistleblowers And Other Political Enemies
Robert Ringer: The Illusion of Misfortune
FATCA and the End of Bank Secrecy
The IRS is Coming After the Little Guys
Paramilitary Tactics Learned Abroad, Used at Home
The Greatest Opportunity in 30 Years
David Stockman, Christmas 2015—–Why There Is No Peace On Earth
Dear World, Americans Don't Want War With Syria
A Measure of Our Impoverishment (Which They Hope You Haven’t Noticed)
My Question for Simon Johnson