Why I don’t subscribe to the Economist

The Economist, published in England, is supposedly one of the few weekly print magazines that’s making money. I’ve thought about subscribing to it, but I don’t care for its editorial slant. Here’s an example from the October 28 issue.

“Thousands of anti-capitalist protesters” it says. I grant you that some in the Occupy Wall Street crowd are nascent Socialists who feel they have found an outlet, but a blanket statement that they’re all anti-capitalist is an inaccurate and slanted assertion, and that’s why I don’t buy The Economist. I subscribed to Business Week for years, until I got fed up with the puff pieces that offered uncritical praise of sham “job creator” corporations like Enron and Worldcom.

Occupy Wall Street and the Tea Party both believe the big banks should be held accountable for what they did to trash the economy. This is where left and right meet, and I think politicians should take the hint and realize they’re going to get squeezed if they don’t start representing the voters instead of vested financial interests.

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