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Although I agree with most of the complaints that the authors expound about the problems with global corporations and the current state of the media today, I do not see their Socialist fixes as any kind of real solution. In fact, in many instances, they are just power grabs by the Left to get you to pay for their programs (ie National Public Radio and Public Television, which are dominated by the Left).
I agree with the concept of microradio stations to help spread media access around, but not their demand for government subsidies to help the "less fortunate" pay for their stations. They are not that expensive to buy and maintain.
I believe a more Libertarian approach to open media access would be more productive than the authors brand of Socialist "fixes"... which in the end would probably just lead to abuses by the Left.
But it is a good read from the point-of-view of defining all that is wrong with the current state of the media today and why it is out of control.
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It's mainly useful for recording certain facts surrounding the 1990 election and for a largely positive spin -- in a superficial and biased view -- of Paul Wellstone.