“Businesses exist to serve the general welfare. Profit is the means, not the end. It is the reward a business receives for serving the general welfare. When a business fails to serve the general welfare, it forfeits its right to exist.” Do Adam Smith’s famously forgotten words of caution for capitalists apply to journalism? Is … Continue reading THE TOSSED SHOE AWARD
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THE TOSSED SHOE AWARD
“Businesses exist to serve the general welfare. Profit is the means, not the end. It is the reward a business receives for serving the general welfare. When a business fails to serve the general welfare, it forfeits its right to exist.” Do Adam Smith’s famously forgotten words of caution for capitalists apply to journalism? Is … Continue reading THE TOSSED SHOE AWARD