I'll be honest, I'm not an expert on this, and I don't have a perfect solution. I just think we should try to do something, even if it's not perfect.
There are some professions with codes of conduct. Some are internal, some ar legislated (i.e. fiduciary duty for lawyers, financial advisors, etc). We also have some concepts like public utility and public interest. Maybe we should look there (again, ask the experts I'm sure there are people who study this for a living). Maybe slowly bring in duties for "public interest" related fields. Maybe at the management level. Maybe come up with ownership structures that decouple power from financial incentives (a la voting shares vs. normal shares) and impose them for such businesses.
I fully agree with you that gov ownership of media would be a disaster. I'm not proposing that in any way. Just ... better ways to do it than we do today.
There are some professions with codes of conduct. Some are internal, some ar legislated (i.e. fiduciary duty for lawyers, financial advisors, etc). We also have some concepts like public utility and public interest. Maybe we should look there (again, ask the experts I'm sure there are people who study this for a living). Maybe slowly bring in duties for "public interest" related fields. Maybe at the management level. Maybe come up with ownership structures that decouple power from financial incentives (a la voting shares vs. normal shares) and impose them for such businesses.
I fully agree with you that gov ownership of media would be a disaster. I'm not proposing that in any way. Just ... better ways to do it than we do today.