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This dynamic, Levine argues, destroys the economic incentive to create the kinds of movies, television, music and journalism consumers demand, and for which they are, in fact, quite willing to pay.
Meanwhile, we have a whole vast population of would-be journalism consumers that never make it into the conversation -- the working poor, for whom timely news remains a dire necessity.
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In it, he details his start in journalism and consumer reporting, and how he evolved to harbor libertarian beliefs.
After all, despite all the dire news about the state of the newspaper industry, we are in something of a golden age of journalism for news consumers.
Is consumer journalism funded by those whose products are reviewed?
McNair says the market for consumer journalism is still there but people are getting it on their smartphones.
Much of the BBC's daily output was humdrum, but it is astonishing to recall its many successes, from Dennis Potter's inspirational The Singing Detective, through Arena's quirky film essays to the now unjustly forgotten That's Life, which introduced consumer journalism to the British public.
"The continued excellence of our journalism and our consumer-first focus led to incredible strength in our circulation business, both in the fourth quarter and for the full year," Mark Thompson, the company's president and CEO, said in a statement.
"Truly unbiased journalism would allow its consumers to consider both options instead of presenting them with just one viewpoint, as the BBC is doing".
It shouldn't be surprising that a lot of people, both creators and consumers of journalism, prefer fake news to real news.
It was an excellent idea, but not so easy to follow, since most journalists and consumers of journalism assume that they already know Washington, more or less, since they read and hear so much about it.
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