We have a closed market, however. It's free for incumbent massive media organisations like DMG who only exist because Lord Rothmere and descendents have The Right Friends. You and me, however, can pucker up, pay, and play by the rules the free ones make.

Keynsian economics does not equate to "good and right" - it equates to Keynsian economics - and nepotism. So much nepotism.

I know Keynes is the default bogeyman in some circles of economic thinking, but I'm really struggling to see the link between established corporations having brands and governments running countercyclical policy...

Bearing in mind most newspapers' circulation is crashing and Buzzfeed got very big very quickly peddling similarly lowbrow content, I'm not even convinced the market power of print media is that high.

I'm guessing the nepotism argument goes as so:

Keynes gov't economic stimulus is created by the gov't, and people with good connections to the gov't are the recipients of this stimulus, causing nepotism to flourish. The stimulus is not distributed evenly to the economy and thus increases economic inequality.

The entire bank bailout & QE seems like a similar situation in the USA. Who got all the QE cash? The banks, not everyone.

Correct - today it's a congressman or mp, 100 years ago it was a lord or governor, before that, the aristocracy.

We still have an aristocracy, or plutarchy, in fact. I come from deep within the belly of the beast and know the people who know the people and you would not believe how bent it all is. Everuthing happens behind closed doors, we just see the punch and judy show after the event.

This has absolutely nothing to do with Keynesian economics, unless you've redefined the term to mean "everything I do not like in the world".

Because the same people who absorb this garbage have an influence on public policy. "The best argument against democracy is a five-minute conversation with the average voter."

Does free market mean abusing someone else to host your stuff for free? Good thing we have REFERER in the browsers!

think a bit harder

they still need to adhere to the rules of society (no stealing etc)

also, publication of stories in a newspaper has implication wider than the readership of that newspaper

and besides, any free market also needs rules in order to function properly