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Murdoch’s Politics: How One Man’s Thirst for Wealth and Power Shapes Our World by David McKnight

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Business Analyst University Of Bristol. In total, News Corporation papers amount to In Europe, it wholly owns Sky Italia, which has 4 million subscribers, and partly owns Sky Deutschland. It also owns major assets in India and China.

Published by the International Committee of the Fourth International (ICFI)

In the US, News Corporation is one of only five companies that own the vast majority of all media. It also owns ten hugely profitable film companies, including 20 th Century Fox and Fox Searchlight Pictures. McKnight argues that Murdoch set out to shape the world. Throughout his career he has engaged in an array of direct political activities — some overt, some secretive — which are secondary to his business interests. He has funded right wing think tanks and anti-communist groups. In addition to funding and supporting favoured political candidates, he uses his personal connections with political leaders to shape policy.

Ross McKibbin reviews ‘Murdoch’s Politics’ by David McKnight · LRB 20 June

In Britain today it would be almost unthinkable for a party to form a government without the support of the Sun and the Times. He ensures that books by political allies are published, regardless of the profits they make, and his titles provide a soapbox for writers who share his particular brand of conservatism. McKnight argues that Murdoch has a clear political vision. He champions anti-statist neoliberal capitalism, coupled with a pro-American, militaristic foreign policy.

He is vehemently opposed to trade union power, sometimes becoming personally involved in disputes, and regards himself as locked in a battle against established liberal elites. It was not always like this. McKnight records that he even had a bust of Lenin in his room at Oxford. His politics in part derive from his image of himself as a rebellious outsider and champion of the ordinary man against established interests, however much this image is at odds with his background.

In Ronald Reagan he found a political soul mate who shared his idea of a right wing populist crusade against liberal elites. By mobilising his media outlets in favour of the Reaganite cause, Murdoch became instrumental in laying the intellectual ground for the neoliberal revolution that Reagan and Thatcher ushered in during the s.