Philosophy 2730F/G Lecture Notes - Lecture 6: Financial Statement

• School: Western University
• Department: Philosophy
• Course: Philosophy 2730F/G
• Professor: Ryan Robb

Document Summary

Deriving ethical principles for media in a democracy from adam smith"s. We have completed our limited attempt to define the effect of the mass media on human nature and provide an account of the role of the media in a democratic society. Buckley argued that when it comes to the distribution of the broadcast spectrum, a competition limited by a concern for democratic ideals will be preferable from behind a veil of ignorance than a competition regulated by market forces alone. The central elements of adam smith"s account of capitalism (free market, wealth, character of citizens, and perfect liberty) can be replaced by analogy (free press, information, informed citizens, and democracy) to serve as principles of media. The free market and the free flow of information in democracies. The media represents a special case of economic analysis, since the search for profit is often at odds with the search for truth.