Author\u0027s views are wrong, often inconsistent, and ultimately a threat to principles of press freedom, writes Terence Corcoran. Read more.
This kind of ideological smear is the engine that drives Edge. He is a meticulous researcher, documenter and footnoter who manipulates and twists his fact-filled work through a warped and ignorant leftist misunderstanding of business, newspapers, journalists, governments and media consumers.
In the first theme he recalls the history of Postmedia, from its days under Conrad Black through to the Asper family to the current ownership structure that includes securities held by U.S. hedge fund investors. Edge claims that over the last quarter century, a string of Postmedia owners and managers drove the media company downward to the point where it might not survive, with foreign hedge funds cashing in. Failure to survive would be a good thing, says Edge.
A demonstration of Edge’s inability to grasp economic realities is his 2014 book, Greatly Exaggerated: The Myth of the Death of Newspapers, a lengthy wrong-headed work that portrayed newspapers as triumphant over the new technologies sweeping the world. It is a work that is so wrong that one suspects Edge wrote his new book as a defensive move so he could blame newspaper owners for his own failure to understand the changing tech environment.
But I leave it to others to outline Edge’s business ignorance, which holds that anything a company or its executives do to remain successful or even alive amounts to corporate malfeasance. Among his most laughable linkages is the proposition that the market-oriented Fraser Institute and the statist-oriented Public Policy Forum are kindred think tanks manipulated by Postmedia owners to influence public policy to increase government funding of newspapers — or something like that.
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