If political correctness means an unbending support for the rights of women, gays and minorities to speak out against and ruthlessly satirise religion, then I am saying that the trouble with our culture is not that it is politically correct, but that it is nowhere near politically correct enough.
Left-wing friends told me to concentrate on attacking Fox News. I sighed and included a small section explaining why freedom of speech can be compatible with retaining controls on the accuracy and balance of television — a hard case to make now that spectrum scarcity has ended, but one I think I can still argue. Researching it did not stop me regarding the obsessions about the biases of the Murdoch empire on one side and the biases of liberal broadcasters on the other as silly distractions. If the prejudices of media corporations ever did sway voters — and there is little evidence that they did — that power has gone. The web has shattered the business models and fragmented the audiences of the old press barons, and we will not see their kind again.
Instead of obsessing about them, Left and Right should worry that neither the old nor new media warned about the financial crisis that has engulfed our world. The reason for the monumental failure of journalism and democratic oversight is simple. Every time you go to work you leave a democracy and enter a dictatorship. Nowhere is the citizens' right to speak out so constrained. If you confront the hierarchy, you will be fired and in all likelihood never work in your field again because no other manager will want a "troublemaker" on his "team".
In the Royal Bank of Scotland, many knew that their CEO was leading them to disaster. None went to the press or the authorities. At HBOS, one risk manager did his job by warning that the bank was taking extraordinary risks. His boss fired him. I should not have to remind you that the taxpayer has had to bail out both banks. In America it was the same story. Staff at AIG, which insured worthless subprime derivatives, lived in terror of contradicting their CEO. The only one who did was fired too, and the American taxpayer had to come to the rescue shortly afterwards.
We are living through the collapse of old orthodoxies and the bankrupting of old hierarchies. It will pass, as all crises pass, but a better future will come only when we accept that people have a right — indeed a duty — to speak out against all the collectivist blocs of faith, ethnic identity, corporate hierarchy and state that have betrayed us so thoroughly.
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