And I am sure Murdoch will present a case that the readers demanded the information, so the press had to go that one step further. Problem is you have the corruptable regulating the corrupt. The politicians with their back handers and expense accounts that can be bought by the bankers and threatened by the journalists. Everyone seems to feel they have too much to hide and too much to loose. Bankers have the money and Murdoch has the information and both have power and use it for their own gain. No one else's - least of all for the public good. Take the fear away and you take the power away from all of them.
Banks are there to keep people in debt under the guise of helping us to keep out of it. The media are there to keep people fearful under the guise of keeping us 'informed'. The politicians are there to make sure this continues to happen. The government will be as inept dealing with the media as they were with the banks. Nothing will change.
There is no Messiah who will rise above it all who can magically visit those who have profited most and take it away from them. And even the social network creating a form of immediate transparency and potential to get masses together to attack in any way and every way they can these establishments that hold themselves up as something they are not - trustworthy and 'our friend' - has been corrupted by companies trying to get their message across - 'buy from me, trust me' when we should never trust them and certainly not buy anything they say or make.
As for why nothing will change in the Murdoch empire - it depends who has the most mud on whom. Rebekah Wade must be a goldmine of the proverbial on the Murdoch empire if she has been trusted and a bit like the city trader who was made a scapegoat for the practices of that another illustrious establishment that thinks highly of itself, never said a bad word about the hand that fed him - he got very well paid and kept his mouth shut. Who has the most mud on whom? That's what counts.
Wade or Brooks as she's now called will do the same. As someone who will do anything to get people to speak, RW will never crack. Any one who has achieved that level of success is as tough as they come. Like banking, journalism is a completely soul less profession. I don't think either profession attracts soul less people, I just think it makes them. Despite the seemingly huge philanthropic gestures it is a drop in the ocean of their wealth. I am more sympathetic to journalists at the top of their game because they don't get rewarded for their greed or ineptitude on the same level as do the bankers, whereas traders and the top banking bods do. And journalists at least make an attempt at transparency, getting the truth out of politicians who are nothing of the sort. It's the very last thing they want to be.
So how is the system to be broken? It is broken already but how do we get rid of it, because we're still riding on a financial and ethical roller coaster that is broken - we won't get off, (we can if we want to, but are told it's too dangerous - but how do we 'know' if we don't try?) . How do we break a system where it is in the interest of too many wealthy and informed people to keep us on there?
How do you break a system that encourages greed and corruption in the city? How do you break a system that encourages unethical behaviour in journalism? Don't focus on the characters on the stage, or the play for that matter. Focus on closing down the theatre. And building another one. Perhaps that's what all the 2012 prophecies are all about - if we don't mend our ways ourselves, something will happen that will do it for us. Be the change you want to see in the world, said Gandhi. We have the power, then why don't we believe it?
Nothing will change. Nothing will stick. If Murdoch goes another will follow, just as if we got rid of all the traders others would immediately take their places - break the system and they won't want to. Break the system and then no on would want to be in Murdoch's shoes again, because it wouldn't be worth it. Of course, those who are motivated by money will say that then society will collapse. Morally, I think it has already.