Boards of Directorsdecisions are pretty narrowly constrained. They have to be committed to increasing profit share and market share. That means they're going to be forced to try to limit wages, to limit quality, to use advertising in a way that sells goods even if the product is lousy.Similarly, if an editorial writer for the New York Times were to start, say, telling the truthyou'd start getting a lot of angry phone calls from investors, owners, and other sectors of power.what is the New York Times? It's just a corporation. If investors and advertisers don't want to support it, and the government doesn't want to give it the special privileges and advantages that make it a "newspaper of record," it's out of business.
Noam Chomsky