No, it's not. Capitalism is private ownership of capital, which means there's a whole lot of economic activity generated by thinking about what to invest in, which is just a blind optimization process.
Society could harness it for good or bad. We have cheap applied science things (microprocessors with radios and amazing magically touch sensitive displays without ugly cords with endless content and ability to just call each other anywhere* on the planet), and we have of course things like the great firewall of china (and turkey and so on) which do deep packet inspection, enabled by very similar technology companies.
But it's immutable. You can't choose the second best thing. Because that just means your preferences and thus your utility function values underdogs above topdogs, hence you'll see those as the best. It's just tautological. And sure, we'll probably climb out of this hole eventually, but maybe with things like patreon and co: http://alternativeto.net/software/patreon/ (for example AdBlock + Flattr seems like a good solution to the advertising hell)
Furthermore, just to talk about the original point of "capitalism is killing quality news" ... are you sure? I mean there are still quality news outlets, and there will be, but the problem is that people don't read them. And bias. Even if you could sign up to be a journalist and magically get a fixed income if at least 10 000 people are reading your stuff, there would be a lot more crazy/spam out there. _Because_ people are people, they cheat, they like easy solutions, they are greedy. They prefer easy explanations, they prefer silver bullets, they prefer gods and guns for law and order even if we know that education and equality is the answer.
Society could harness it for good or bad. We have cheap applied science things (microprocessors with radios and amazing magically touch sensitive displays without ugly cords with endless content and ability to just call each other anywhere* on the planet), and we have of course things like the great firewall of china (and turkey and so on) which do deep packet inspection, enabled by very similar technology companies.
But it's immutable. You can't choose the second best thing. Because that just means your preferences and thus your utility function values underdogs above topdogs, hence you'll see those as the best. It's just tautological. And sure, we'll probably climb out of this hole eventually, but maybe with things like patreon and co: http://alternativeto.net/software/patreon/ (for example AdBlock + Flattr seems like a good solution to the advertising hell)
Furthermore, just to talk about the original point of "capitalism is killing quality news" ... are you sure? I mean there are still quality news outlets, and there will be, but the problem is that people don't read them. And bias. Even if you could sign up to be a journalist and magically get a fixed income if at least 10 000 people are reading your stuff, there would be a lot more crazy/spam out there. _Because_ people are people, they cheat, they like easy solutions, they are greedy. They prefer easy explanations, they prefer silver bullets, they prefer gods and guns for law and order even if we know that education and equality is the answer.