HIGHTOWER: PBS Promotes the "Stock Market" Game

Out in Nebraska, when they say something is "janked" they mean it's all messed up. Well, PBS the Public Broadcasting Service seems to be janked.The original idea of establishing a "public" network was that it would present a non-corporate view of the world. But in recent years, PBS has been taking more and more corporate "underwriting," which is another way of saying advertising, and more and more of its programming now mouths the corporate line.For example, a recent feature on public radio's "All Things Considered" news show told about a new game called the "Stock Market Game." This is a blatant piece of Wall Street propaganda being directed at 11 and 12 year olds -- just the kind of thing that PBS was created to expose and lampoon. But, no, the new, corporate-friendly public radio network broadcast the feature without an iota of journalistic skepticism, much less criticism or outrage.In playing this "game," teams of elementary school kids are given $100,000 each in pretend money to invest in the stock market. Stop right there. Who in the real world has $100,000 to invest? Maybe five percent of Americans -- but the public radio reporter asked no embarrassing questions. Instead, a "game coordinator" in one of the schools was interviewed to tell us that sometimes the kids make a lot of money with their virtual investments, and sometimes they don't make so much. Not a whisper that sometimes, you lose everything! Another perky proponent of the Stock Market Game was interviewed and gushed that it was a great way "to teach students about the American economy."This is Jim Hightower saying ... Yeah, if you want to teach them fantasy. If you want to each reality, the game would include news that the profits the kids' make on their stocks are based on massive downsizings of workers, on foreign sweatshop labor, on environmental contamination, on CEO greed, on corporate welfare, and on other abuses that would appall an 11 year old. But "All Things Considered" didn't consider these things.


Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal
{{ post.roar_specific_data.api_data.analytics }}