Is It Time to Rein in Kleptocrats Who Seek to Dominate the World's Information?
It’s an increasingly prevalent phenomenon across the globe: media companies are being taken over by business tycoons and kleptocrats less concerned with honest journalism than with their own political and financial self-interest. Their wealth itself isn’t necessarily a problem. There are genuine philanthropists now sustaining serious news publications and opinion outlets, and serious investors seeking new revenue streams to pay for high-quality news. But the overall trend is disturbing.
What to do? Are there safeguards that governments can put in place? Does that even make sense in a digital age? How might governmental responses be squared with Western faith in free economic competition? Does that still offer a path forward, or is the global erosion of media freedom best described as a market failure?
On Thursday, December 1, Hudson Institute’s Kleptocracy Initiative hosted the first in a series of debates on kleptocracy and democracy. Featuring Hudson Visiting Fellow Martha Bayles of Boston College and Megan McArdle of Bloomberg View, this event was held at the 5th & K Busboys and Poets.
Hudson Institute’s Japan Chair hosts two professors from Keio University—Dr. Motohiro Tsuchiya and Prof. Koichiro Tanaka—to discuss the hurdles Tokyo needs to overcome to improve its active cyber defense and transition to different energy sources for both civilian and military use.
Please join Hudson Senior Fellow and Director of the Keystone Defense Initiative Rebeccah Heinrichs for a conversation with Senators Risch and Wicker on US support for Ukraine’s defense on Wednesday, March 29, at 4:00 p.m. A reception will follow.
Please join Hudson Institute for a discussion with Israel's Minister of Innovation, Science and Technology Ofir Akunis and Executive Director of the Abraham Accords Peace Institute Robert Greenway, moderated by Center for Peace and Security in the Middle East Director Michael Doran.
