The journalism professor at University of Kent, Tim Luckhurst, writes an essay for The Independent in which he decries the "Marxist" illusion that media moguls are doomed.
What's more, he argues, the business of keeping institutions accountable cannot be left to the Internet's large army of small players.
"Professional journalism will survive because it is necessary and the market will find a way to supply it. People who claim otherwise only pretend that their mission is prediction. In fact, they are working to mould the future to match a postmodern Marxist fantasy," he writes.
What's more, he argues, the business of keeping institutions accountable cannot be left to the Internet's large army of small players.
"Professional journalism will survive because it is necessary and the market will find a way to supply it. People who claim otherwise only pretend that their mission is prediction. In fact, they are working to mould the future to match a postmodern Marxist fantasy," he writes.
