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by sanderjd 2251 days ago
Isn't your thesis that this situation changed in 2015? I don't know for sure, but I always assumed the Economist has always been run by a bunch of Sirs and Ladies... I have read and quite liked the magazine for a couple decades and they have seemed consistently elitist, pro-market, and globalist during that time. It is something I like, that they have a strong identifiable editorial perspective, unlike newspapers that have some claim to neutrality, which mostly makes their biases harder to delineate and more arguable.
1 comments

Whether it is the Sirs/Ladies, or the Elkanns or the Rothschilds, they are interested in continuing the current status quo, enriching the 1% that they belong to, at the cost of everyone else.

The Economist used to be pro-small-business free market. At some point they started justifying outsourcing as "free trade", which benefited big companies like Apple, etc. and stagnated or starved small businesses (and the productivity/innovation that comes from it), not to mention labor providers (even highly educated ones, such as software engineers :-))

This has proven to be quite bad for the US and Europe (except the 1%, whose interests The Economist represents through ownership) - and it may get even worse when money-printing will stop working at some point.

You are missing my point: this has always been their editorial stance. It may have always been a reason not to read them if you're not into it, but it's not a new reason.
As I mentioned I had been a subscriber for 30 years.

And no, I am not missing your point. There was a clear change in direction a few years ago - as I mentioned, I sensed it, but was not aware of the ownership change at the time.

You either did not notice or you just started reading them - good for you. Enjoy.

You may be right, but I don't see it. I have been reading since about 2005 and I don't recall seeing a strong stance against outsourcing at any point in that time. It would have struck me as surprising if I had, since they are broadly in favor of free trade, and outsourcing clearly fits the bill (even if you put it in scare quotes).

I don't really disagree with you about any of the points you're making, which means I often or usually don't agree with the Economist on these points, I just think it's a weird critique of the Economist to accuse them of being globalist, free trade, neoliberals; to me it's like, yeah, they are the Economist... It seems like accusing Jacobin of being socialist.

Maybe this change happened before 2005? I'd be interested in seeing some receipts. Are there some anti-outsourcing articles from way back that I've missed?