Bankrupting The Guardian

Guido has always believed that the nature of the statist BBC and the non-profit making culture of the Guardian encourages a statist and non-profit making culture to dominate the thinking of the political class. These two media organisations of course see themselves as providing intellectual and moral leadership. The knee jerk “government must do something” attitude of the two organisations supports the statist consensus. Breaking that consensus is an essential condition for the post-bureaucratic age.

Crucial to creating an enterprise culture and undoing the all-party, semi-socialist culture which prevails in Britain is shattering this media hegemony. Reducing the scope of the BBC is essential to this long term goal. The BBC is the primary reason Britain does not have a Silicon Valley culture, the multi-billion pound tax subsidy crowds out competition, undermines innovation and makes it impossible for rivals to compete profitably. The Tories are only tentatively thinking about “harm reduction” policies towards the BBC. The Guardian is far more vulnerable…

The Guardian is financed by a charitable trust (ironically taking advantage of tax exemptions) the two main sources of income supporting that trust are the profits from Auto Trader and the public sector advertising that fills page after page of the newspaper. One of the first thing the Tories should do in power is set up www.jobs.gov.uk. All available public sector positions would be listed there free of charge, this would save hundreds of millions in advertising costs for the taxpayer and deprive the Guardian of a critical revenue stream.

The second income stream has always been vulnerable to competition. Auto Trader profits have financially supported the salaries of the journalists who write environmentalist anti-car editorials in the Guardian. Now a group of former journalists from Autocar Magazine and Auto Express magazines have launched an online-only magazine Drivers-Republic.com. With a bit of luck it will be a deadly competitor to Auto Trader…

Without the taxpayer subsidy and the profits from Auto Trader, the Guardian could go the way of the Morning Star. Once it was deprived of subsidy, after the fall of the Soviet Union, it became an irrelevance.

UPDATE : Tim Montgomerie emails to tell me it is already Conservative Party policy to bankrupt the Guardian.




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Former public schoolboy Chuka Umunna told the  ‘Exit From Brexit Dinner’…

“Remainians, Remoaners, I don’t care what the label is, I’m proud. It’s fashionable to label everyone in this room as the liberal metropolitan elite . . . This caricature is promoted by a bunch of former public schoolboys!” 

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Sunday Show Highlights Sunday Show Highlights
Morning Star Flogging Socialist Xmas Hampers Morning Star Flogging Socialist Xmas Hampers
Bullying Lobbyists at Centre of Carl Sargeant Investigation Bullying Lobbyists at Centre of Carl Sargeant Investigation
Williamson: Media Ignored Prize I Didn’t Even Know About Williamson: Media Ignored Prize I Didn’t Even Know About
Soubry: Vote for Me is A Vote for ‘Theresa May and Good Brexit Deal’ Soubry: Vote for Me is A Vote for ‘Theresa May and Good Brexit Deal’
Pictured: Rebel Remainer Booze-Up Pictured: Rebel Remainer Booze-Up
Corbyn Heckled at Chanukah Party Corbyn Heckled at Chanukah Party
Top 20 Brexit Blocking MPs Signed 193 Amendments Each Top 20 Brexit Blocking MPs Signed 193 Amendments Each
Momentum Claims Only a Tiny Fraction of the Hundreds of Thousands it Raised for the Election Were Spent on the Election Momentum Claims Only a Tiny Fraction of the Hundreds of Thousands it Raised for the Election Were Spent on the Election
Labour Delays Kelvin Hopkins Decision Labour Delays Kelvin Hopkins Decision
Who’s In The Final Running To Be New BBC News Director Who’s In The Final Running To Be New BBC News Director
Juncker Facing Criminal Probe After Spy Scandal Juncker Facing Criminal Probe After Spy Scandal
Tom Brake: Media Aren’t Patriotic Enough Tom Brake: Media Aren’t Patriotic Enough
BBC Hypes Gloomy Brexit Report By EU-Funded Think Tank BBC Hypes Gloomy Brexit Report By EU-Funded Think Tank
Brussels Booze-Up Bonanza Brussels Booze-Up Bonanza
Labour Peddle More Animal Sentience Fake News Labour Peddle More Animal Sentience Fake News
Corbyn Launches Labour Muslim Group Headed By “Israel Has No Right to Exist” Activist Corbyn Launches Labour Muslim Group Headed By “Israel Has No Right to Exist” Activist
Clive Lewis Investigation Dropped Clive Lewis Investigation Dropped
Tories Take Poll Lead Tories Take Poll Lead
Cult of Corbyn – Christmas Edition Cult of Corbyn – Christmas Edition