Saturday, July 17, 2010
Free Speech As An Economic Stimulant
Iceland was one of the major victims of the 2007-08 global financial crisis betting the proverbial farm on the derivatives market and losing badly. Now, in an attempt to remake itself, the country's Parliament is proposing sweeping reforms to establish a safe haven for free speech in an attempt to draw the world's media organizations to headquarter in this tiny island nation. The legislation known as the Icelandic Modern Media Initiative is meant to attract organizations into publishing online from Iceland, by adopting the strongest press and source protection laws from around the world. This could be especially debilitating to Britain where the laws make it quite easy to bring suit against journalists and publications.
Labels:
Globalization,
Markets
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