DEMOCRATIC IDEALS AND MEDIA REALITIES: A PUZZLING FREE PRESS PARADOX.

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    • Abstract:
      A media that supports democracy is a public good. The unregulated market alone is unlikely to deliver such benefits. Still, broad government supervision of broadcast content is too dangerous to undertake, so creative thought is necessary to consider how the free marketplace of ideas can be structured to promote democracy. Possibilities include subsidy, limited mandated access to the electronic media along the lines of a public forum and limits on concentration with its attendant conflicts of interest.