The real issue is that today's Republican party is not based on facts at all, it's based on a collective hallucination, wishful thinking, alternative facts, which Republicans believe instead of actual facts.
The vast majority of the lies Trump spewed during the debate are things that Republicans believe are true. When each side has their own facts, the simple act of fact checking becomes a partisan exercise. And holding their candidate to account equals a partisan witch hunt.
This forces each media outlet to choose a side. If they want any attention at all from the Right, they have to lie like them. Outlets that stick to objective facts will be immediately dismissed by half the electorate. While we'd like to think most outlets worth following will choose actual facts, alternative facts increase your base and may lead to more profits.
While we'd like to think most outlets worth following will choose actual facts, alternative facts increase your base and may lead to more profits.
Capitalism is agnostic on facts. It is profit and wealth accumulation driven.
A lot of people were assuming that no fake product would ever be in demand, and thus profit seeking was at least aligned to reality. Greed is good they said.