By Kevin Maney, Newsweek
The growing U.S. income gap has little to do with policy or politics and everything to do with technology. A few decades ago, before the Internet, it was hard to get an out-of-town daily paper, so you read the local one. It was the best you could get. But once the best news organizations became available online, readers and advertisers gravitated to them. While journalists can only dream of getting paid on a par with NBA players, the Internet is dividing that business just as neatly: The leading publications get most of the money and the rest next to nothing.Curious.com (or something like it) will do the same to music teachers. Online courses will do it to colleges. Radio, MTV, all the other networks and iTunes have in turn done it to pop musicians. More and better networks mean fewer dogs and a whole lot of tails.
http://mag.newsweek.com/2013/10/04/the-internet-is-killing-the-middle-class.html
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