What’s really happening is a textbook case of capitalist creative destruction. Good journalists — and their readers/viewers — are leaving platforms that have been captured by an aristocracy that profits from war, debt, and ill health. And they’re migrating to platforms like Substack and Rumble where real journalism is still happening.A whole constellation of independent journalists/interviewers like Joe Rogan, Matt Taibbi, Glenn Greenwald, Russell Brand, Maichael Schellenberger, and Breaking Points’ Krystal and Saagar are thriving. A typical long-form Joe Rogan interview will attract ten times the audience of CNN’s prime-time lineup. And Matt Taibbi recently noted that his Substack newsletter earns multiples of his previous salary as Rolling Stone’s political bureau chief.This is the profile of a growth industry, not a dying one. Today’s media ecosystem is selecting for talent and integrity while punishing arrogance and dishonesty. That’s a recipe for upward evolution.
