Tuesday, August 29, 2017

Media's biased reporting on China serves only the rich and powerful [corporate media disinformation]

Click here to access article by Dean Baker from The Hill.

No less than the NY Times publishes this sort of rot.
This month, a leading newspaper ran a column bashing China by two former U.S. intelligence officials. The piece claimed that the United States loses $600 billion a year due to “intellectual property theft” and that “China accounts for most of that loss.”

This was striking for two reasons. First, the number is obviously absurd. Reputable news outlets usually make writers provide some backup for the numbers they use. That doesn’t seem to have been the case here. Second, if the number were plausible, the implications for policy on intellectual property and inequality would be enormous.