Changing tax and antitrust rules would restructure what media gets made.

Evidence

The key insight is that financial reform is also media reform—popular, actionable legislative changes to taxes, capital gains, carried interest, antitrust, and executive pay could reform the financial and corporate sector, which would have the effect of reforming the media sector. Rather than channel massive profits to the wealthy, the cultural industries could provide a living wage to hundreds of thousands of workers. With this diversity and decentralization, there would likely be far more stories and songs that speak to the pressing issues of climate, racialization, inequalities, injustice, and democratic decline. — Andrew deWaard, Derivative Media, 55

Categorization

  • SEED: Follow-up essay angle: concrete legislative items (carried interest, antitrust) mapped to specific media outputs they could change.