Is there a place where ideas aren't for sale? Thomas Frank says, "Money has transformed every watchdog"
Thomas Frank, in the latest issue of The Baffler, Too Smart to Fail: Notes on an Age of Folly:
I can remember the contempt I felt when I read [Doug] Bandowās essay, back in 2006. Of course there was a place where ideas werenāt simply for sale, I thoughtāit was called the professions. Ethical standards kept professionals independent of their clientsā gross pecuniary interests.Too broad a brush? Or does the Atlantic Yards saga offer some backup?
These days, though, Iām not so sure. Money has transformed every watchdog, every independent authority. Medical doctors are increasingly gulled by the lobbying of pharmaceutical salesmen. Accountants were no match for Enron. Corporate boards are rubber stamps. Hospitals break unions, and, with an eye toward future donations, electronically single out rich patients for more luxurious treatment.
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