Nicholas Lemann writes about ‘Moguls’ in The New York Review of Books

I’m excited to report that “The Return of the Moguls” is included in a round-up of books reviewed by Nicholas Lemann in the new issue of The New York Review of Books. Lemann’s essay, “Can Journalism Be Saved?,” is about the precarious state of the news business and efforts to find new business models. He writes:

What has happened in journalism in the twenty-first century is a version, perhaps an extreme one, of what has happened in many fields. A blind faith that market forces and new technologies would always produce a better society has resulted in more inequality, the heedless dismantling of existing arrangements that had real value, and a heightened gap in influence, prosperity, and happiness between the dominant cities and the provinces. The political implications of this are painfully obvious, in the United States and elsewhere.