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The broadcast has become an origin story of fake news and technological anxiety in the United States, and its tentacled aliens watch when we talk of fake news today. Then, as now, the worry over whether the news can be believed was a proxy for something else entirely – fear of the new technologies that brought it. Scholars have convincingly questioned the scale of the 1938 panic. Everybody loves a good story – especially the newspapers threatened by radio news, the social scientists seeking a claim to relevance, and Welles, great ham that he was. Firsthand accounts attest that some listeners did panic, but many more did not. Why, then, did millions more find the panic so easy to believe these past 80 years?

In that decade, radio became more trusted than newspapers. The reasons had to do partially with the unique characteristics of the medium – its intimacy and ability to put you on the spot to hear as an event unfolded without a reporting gap in which craven newspapermen could insert their own slant. It also had to do with the trueness of the sounds that radio reproduced.

In November, three days after the War of the Worlds broadcast, Dorothy Thompson, a syndicated columnist and radio reporter, published an oft-cited piece in response, entitled ‘Mr Welles and Mass Delusion’, in which she argued that the broadcast suggested American susceptibility to foreign propaganda:All unwittingly Mr Orson Welles and the Mercury Theatre of the Air have made one of the most fascinating and important demonstrations of all time. They have proved that a few effective voices, accompanied by sound effects, can so convince masses of people of a totally unreasonable, completely fantastic proposition as to create nationwide panic … If people can be frightened out of their wits by mythical men from Mars, they can be frightened into fanaticism by the fears of Reds, or convinced that America is in the hands of 60 families, or aroused to revenge against any minority, or terrorised into subservience to leadership because of any imaginable menace.

First, underlying most of this argument is an argument about what happens when you subject the telling of true stories to certain conditions of capitalism. There is often a tension in this process, as capitalism may make “news” (and therefore full participation in democracy) available to more people, but to popularize that news, businesses do things that taint the elite’s idealized notion of what true story telling in a democracy should be

Finally, one reason there is such a panic about “fake news” is because the western ideology of neoliberalism has failed. It has led to increased authoritarianism, decreased qualify of life in developed countries (but not parts of Africa and other developing nations), and it has led to serial destabilizing wars along with the refugee crises that further destabilize Europe. It has failed in the same way that communism failed before it, but the elites backing it haven’t figured this out yet.

It wasn’t long ago that the worry was that rich students would have access to the internet earlier, gaining tech skills and creating a digital divide. Schools ask students to do homework online, while only about two-thirds of people in the U.S. have broadband internet service. But now, as Silicon Valley’s parents increasingly panic over the impact screens have on their children and move toward screen-free lifestyles, worries over a new digital divide are rising. It could happen that the children of poorer and middle-class parents will be raised by screens, while the children of Silicon Valley’s elite will be going back to wooden toys and the luxury of human interaction.