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Because then there's one big enemy we can gang up on instead of a million little ones that scatter like roaches.

I don't know, it might make the single target bigger. But monopolisation almost always hurts the consumer. At least where there were a million little crappy news sources, there were a few good ones.

Is that such a bad thing?

Is it better to have a few "authoritative" sources everyone believes that exhort us all to do something stupid, like Vietnam or Iraq, and we trust them, and we do it with minimal-to-no hesitation? Or, is it better to have a million little squabbling social-media echo chambers and gridlock?

So far, I think I prefer the latter.

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