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groundzeros2015yesterday at 10:16 PM0 repliesview on HN

Has bezos made any decisions for you lately? Money tends to be a pretty weak form of power.

What we are seeing is bezos trying to translate money into media power, which is real. But it doesn’t seem to have worked out that well. His paper is not that influential or distinct. He is unable to wield much control over the journalists likely because they operate within a tight culture that exists across outlets.

Your instinct is that media is actually real power. Isn’t a few people operating the media scarier than a few people being able to consume a lot?

But then why is media powerful? Public opinion is directly useful for winning elections. But also indirectly as public officials need to cater to the public.