The media is often refereed to as the fourth estate and plays a critical watchdog role in society. According to Thought Co , "i n England, the three estates preceding the fourth estate were the king, the clergy and the commoners" (2018). In my opinion, corporations, politics and the public better represent the spheres of influence on modern day society and the fourth estate 'media' has shifted to perform the role of public relations manager for the highest bidder. The deregulation of our economic systems in the 1980's enabled news corporations exceptional freedoms to trade and act in ways other corporations did. These days, media ownership practices resembles that of any large multi-national corporation which trades shares on the stock market. From a social perspective, deregulation and free marketism has created serious issues in New Zealand. We now face problems in areas such as income disparity, housing, education, corrections,...