Both in Europe and America the press tends to be more progressive, or leftist, than the rest of the population. In America, conservatives have been very good at mounting a counterattack on the liberal media, but the liberal media still has the upper hand. The country votes republican, the media overall is democratic. Why is this the case? To me this is simply a function of income. Start giving journalists investment banking salaries and they would certainly write more conservative articles! As it is they make very little money, and empathize with other people who do as well.

Follow Martin Varsavsky on Twitter: twitter.com/martinvars

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