The triumph of ‘wealth porn’

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The mainstream media is so drunk on the so-called economic prosperity of the past five years that they gloss over issues of economic inequality and now unapologetically wax salaciously rhapsodic about wealth and the wealthy, according to an essay in the COLUMBIA JOURNALISM REVIEW.

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As new money magazines pop up, mainstream news outlets struggle to compete — with bigger business and Wall Street sections and new technology fetishist inserts — rather than taking the opportunity to show the other side of ‘New Wealth’: New Poverty and its economic, social, and moral impact for millions on the wrong end of the boom.

Writes author Gary Andrew Poole: “America is doing well, thanks, and the press is reporting the phenomenon. But do we over-celebrate the New Wealth, giving the reader the impression that he’s the only one who isn’t loaded, or that being rich is all that matters? Are we analyzing the ramifications of the new prosperity?” To which we say, do you really have to ask?

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As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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