The Amoral Market at Work
Thursday, February 8th, 2007How it works, see, is that when your shit doesn’t sell, then you wind up getting sold —at cut rates:
Bankrupt and about to lose Al Franken, its marquee star, Air America Radio is set to change hands for the bargain price of $4.25 million, according to new court documents. The sales figure was disclosed in a purchase agreement filed yesterday in U.S. Bankruptcy Court in New York.
Something that is underappreciated about the free market is that it’s really a manifestation of democratic principles. Products and services come and go because people have choices. They can choose economy or quality or convenience or whatever else. And people live by their choices, for good or ill, but they do keep on living so long as they make more correct choices than wrong ones.
That’s why this country is a success while Communist countries —which the anti-American Left fetishize for their supposed equalities— are failures. Because a lack of choice is a monopoly is a dictatorship.
Is it really so that talk radio in our country is a monopoly of the Right? Air America started with that premise —but are coming to the conclusion that humorless, uninformed, and hugely angry Leftist shit doesn’t sell ad time (even if there is [a Democratic mandate] out there).
So what’s going on? It must be that Air America is subject to the same market forces and personal choices as any other venue for political speech. Other ideologies and perspectives are succeeding in commercial radio —so why aren’t they?
I think it’s because the political and economic choices people make are informed by a sense of morality. It’s that individual moral choice that makes the “amorality” of the market so pitiless for those whose own moral and ideological positions are devalued thereby. Air America and its listeners are a demonstration of this: people whose lives revolve around partisan hatred and anti-Americanism. Therefore, in a country of sober, hard-working, and charitable patriots, the ungrateful speech of the anti-American hippie fringe cannot compete in a free market because they are the lesser moral choice.
That’s why Bill Moyers is funded by viewers like you. Thank you.