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Open Veins of Latin America: Five Centuries of the Pillage of a Continent Eduardo Galeano Monthly Review Press 317 pages...

Author: /time Magazine | Title: Chávez's Gift: Open Veins of Latin America | 4/21/2009 | See Source »

...course, it's a strategy to get to advertisers (and the press) too. If the only people who are perusing your magazine are those on the moneybags list, those who can afford $20 for a magazine and those who hop on private jets - the magazine is being placed in private airports too - you can argue that you've really cut out the riffraff readers. Then again, getting the magazine and reading it are not at all the same thing. (Plus, isn't this what breeds resentment against the wealthy? They who need it least get stuff - information, perks, taxpayer bailouts...

Author: /time Magazine | Title: The $20 Magazine: Worth's Odd Recession Strategy | 4/21/2009 | See Source »

...Detroit Free Press, one of the old city dailies, on the brink of extinction and in the shadow of the failing car industry, won a Pulitzer Prize for reporting. Last year, the paper published text messages between the city's mayor, Kwame Kilpatrick, and his female chief of staff. The mayor went to jail...

Author: /time Magazine | Title: The Pulitzers: Does Great Journalism Pay? | 4/21/2009 | See Source »

...Free Press did something that very few metro dailies can. It devoted two reporters to the developing story and obviously gave them the time and resources that they needed to bring the whole package of investigating and writing articles home. Newspapers cannot afford this kind of effort the way that they could when two Washington Post (WPO) reporters broke the Watergate story after months of work in 1972 and 1973. The newspaper business was profitable then, very profitable. Some large dailies made margins of over 30%. The Internet as we know it would not be invented for nearly 25 years...

Author: /time Magazine | Title: The Pulitzers: Does Great Journalism Pay? | 4/21/2009 | See Source »

...pens of real reporters and not off the pages of news aggregators like Google News and The Huffington Post who, according to their sworn enemies in traditional media, live off the effort, expense, and ingenuity of institutions like The New York Times, The Washington Post, and The Associated Press...

Author: /time Magazine | Title: The Pulitzers: Does Great Journalism Pay? | 4/21/2009 | See Source »

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