alt Hacker NewsMagazines like The Economist helped bring us here by describing Oil Companies still has a bright future and a great investment in the 80s and 90s.
Instead if they had authored high profile articles about how fossil fuels are driving this world to disaster, maybe we would be in a better place.
Doing that would have made their advertisers mad, so they kept writing about clean coal and oil for better $. It was the exact same with politicians, they did not want to loose most of their bribes (ie: political contributions) so they hid their head in the sand.
So now this magazine is writing articles about Climate Change, no thanks.
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This goes for almost every institution you can think of, save higher education and the field of climate science - and, even then, you can make an argument for lax funding and marketing on their part, in terms of overwhelming politicians and industry with the truth, no doubt at the behest of wealthy donors looking at their portfolios. But journalism, especially: essentially asleep at the wheel, when the gravity of the situation is considered. Too many people obsessed with their careers and with blinders on.
You should look into the economist a bit more.
For one, they have no advertisers to keep happy.
Edit: I stand corrected. A better way to phrase it is that their business model does not rely on advertising, and they traditionally did not run ads until recently.