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Corbyn wants to tax tech firms to fund investigative journalism

He also thinks the BBC should publish the social class of all its employees

Jeremy Corbyn is giving a speech today on how he'd reform the media sector.

What it means: Corbyn has often criticised both the British press, and the power of tech firms. His speech today will outline a few ideas for how to rebalance the industry.

He'd like to place two additional taxes on tech giants like Google, Facebook, and Netflix: one, to pay for organisations doing investigative, 'public interest journalism'; and a second, to top up the license fee paid to the BBC, run through an independent body with discounts of £150 for poorer families.

Investigative journalism outlets should receive charity status, he said. "Few tech giants and unaccountable billionaires control huge swathes of our public space and debate," he will say.

Finally, he'll propose publishing the social class of all BBC members, in an effort to raise awareness about diversity within the organisation.

Conservatives say tech giants will just pass on the tax to consumers through higher prices.

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Reader Comments

  • RW

    Your right to a degree. You mentioned “the wandering Jew”.

    I elaborate that the Jewish people, historically have tended to migrate almost exclusively to locations that are economically and culturally vibrant already. I would speculate that Jews have thrived in these places and have often improved the bounds of their economies and knowledge base.

    You can also ask; how many massive entertainment conglomerates, Nobel winners or billionaires has Isreal developed? If Jews are so capable, why isn’t Tel Aviv the Rome of our time?

    Jews are successful because they value education, maintain a strong social cohesive, they actively monitor and have a good sense for Zeitgeist wherever they are and they carefully choose the places they settle and congregate themselves heavily in these choice locations.

    But most importantly (haulocaust increased the importance of this aspect), they actually designed their culture for success. They not only attend Harvard, they use what they learned to better the group as a whole. With as much, they studied intricate networking systems, adapted to it and in many cases improved upon them. (See how Japan acquired Aegis warships and made them better).

    Of course there is nothing wrong with any of this. It’s when you elaborately gain disproportionate power in any society where you would stand out, you must take care when attempting to make a society better (Civil Rights movement) and rewriting that society all together (mass immigration). Ask blacks in China, Mexico, Philippines or India how much opportunity they have? Go to businesses owned by their American diaspora and see how many blacks they hire. Go to Silicon Valley and see how many East or South Asian tech workers wish they could work with more black people. California might work as a state, but as a nation, I think your rolling the nuclear dice here. I hope we can succeed as a tolerant pluralistic superpower but at this stage in human societal development, it’s a pipe dream.

    And if Jews really are the icon for success, they would see that fundamental human successes happen over generations. Just look at the rest of the planet? Are we ready?