“Why is it, one might ask, that services such as hospitals and news organizations are closing when the public seems to need and want them most? The answer isn’t that we have bad nurses or bad reporters, or that people have turned away from medical authorities and the press has grown too liberal to gather a mass audience. The answer is that our economy had come to rest, over the years, on the cheap, endless consumption of things whose true costs were carefully hidden from us, a sleight of hand we called financialization.”
Lots of good stuff in this essay, but I'm glad to see folks thinking and talking about hope and how we can find bits and pieces of it. And the added bonus of seeing some explanations for the way in which we fund the things that matter, in ways we pay for even when we don't see it, helps me explain some of what I've been feeling as an employee at a media company these days.