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106 Section 2 The Era of Mass Society and Mass Culture<br />

According to the marketplace-of-ideas <strong>theory</strong>, the laissez-faire doctrine should<br />

be applied to <strong>mass</strong> media; that is, if ideas are “traded” freely among people, the<br />

correct or best ideas should prevail. The ideas compete, and the best will be<br />

“bought.” They will earn profits that will encourage others to compete and market<br />

similar good ideas. Bad ideas will have no buyers and thus there will be no incentive<br />

to produce and market them. But there are some difficulties in applying this<br />

logic to our large contemporary media. Media content is far less tangible than<br />

other consumer products. The meaning of individual messages can vary tremendously<br />

from one person to the next. Just what is being traded when news stories<br />

or television dramas are “bought” and “sold”? When we buy a newspaper, we<br />

don’t buy individual stories; we buy packages of them bundled with features like<br />

comics and horoscopes. We can choose to ignore anything in the package that we<br />

find offensive. But there is no direct connection between our purchase of the paper<br />

and the fact that we may or may not find some useful ideas in it. When we watch<br />

television, we don’t pay a fee to the networks. Yet buying and selling are clearly involved<br />

with network programs. Advertisers buy time on these shows and then use<br />

the programs as vehicles for their messages. When they buy time, they buy access<br />

to the audience for the show; they do not necessarily buy the rightness or correctness<br />

of the program’s ideas. Sponsors pay more to advertise on programs with<br />

large or demographically attractive audiences, not for programs with better ideas<br />

in them. Clearly, the media marketplace is a bit more complicated than the marketplace<br />

for refrigerators or toothpaste, as you can investigate in the box entitled<br />

“Which Model of the Marketplace?”<br />

In the American media system, the marketplace of ideas was supposed to work<br />

like this: Someone comes up with a good idea and then transmits it through some<br />

form of <strong>mass</strong> <strong>communication</strong>. If other people like it, they buy the message. When<br />

people buy the message, they pay for its production and distribution costs. Once<br />

these costs are covered, the message producer earns a profit. If people don’t like<br />

the message, they don’t buy it, and the producer goes broke trying to produce and<br />

distribute it. If people are wise message consumers, the producers of the best<br />

and most useful messages will become rich and develop large media enterprises,<br />

and the producers of bad messages will fail. Useless media will go out of business.<br />

If the purveyors of good ideas succeed, these ideas should become more easily<br />

available at lower cost. Producers will compete to supply them. Similarly, the cost<br />

of bad ideas should rise and access to them should diminish. Eventually, truth<br />

should win out in the marketplace of ideas, just as it should triumph in the public<br />

forum envisioned by the early Libertarians. According to marketplace-of-ideas <strong>theory</strong>,<br />

the self-righting principle should apply to <strong>mass</strong> media content as well as to<br />

public debate.<br />

The marketplace of ideas is self-regulating, so there is no need for a government<br />

agency to censor messages. Audiences won’t buy bad messages, and therefore<br />

irresponsible producers will go out of business. But what if advertiser support permits<br />

bad messages to be distributed for free? Will people be less discriminating if<br />

they don’t have to pay directly to receive these messages? What if the bad messages<br />

are distributed as part of a large bundle of messages (e.g., a newspaper or television<br />

news program; a package of cable television channels)? If you want the good messages,<br />

you also pay to subsidize the bad messages. What is bad for you might be<br />

Copyright 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).<br />

Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.

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