Imagine if you are huge media conglomerate, say the one based in Australia, New Corp. You can see you revenue sources drying up from some of your media outlets due to the internet and you are at your wits end to change the trend. Lucky for you, you purchased the most respected business media outlet in the world and It’s fairly easy for you to weaponize that advantage so long a s you don’t really care about your outlet’s credibility. Apparently New Corp. is willing to sacrifice the Wall St Journal’s credibility on the altar of having to keep a dying business model on life support.
Why is manufacturing important? I wish that I didn’t have to point this out, but apparently many people don’t really understand the difference between service work and work that actually adds real value in goods. The problem is that services just push money around without actually producing any real assets.
I ran into this recently. It’s an article that referencing the effect of unemployment on mental health. This post might seem whiny though I’m going to try to make it as nonpersonal as possible . On the other hand I’ve been through the despair that comes with unemployment enough times to understand what’s going on and maybe what can be done to overcome it. though it doesn’t work every time.