Can democracy survive new media?

The social media revolution has changed the dynamic between politicians and the media, but the need for good journalism remains as strong as ever.

“There were Three Estates in Parliament; but, in the Reporters' Gallery yonder, there sat a Fourth Estate more important far than they all” ­

— Thomas Carlyle, quoting Edmund Burke

This is my last Business Spectator column before moving on to other projects, so it’s not a bad time to consider how media markets and journalism have changed in the 20 years I’ve been a part of them.

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