Hutchins Commission

The Hutchins Commission (whose official name was the Commission on Freedom of the Press) was formed during World War II, when Henry Luce (publisher of "Time" and "Life" magazines) asked Robert Hutchins (president of the University of Chicago) to recruit a commission to inquire into the proper function of the media in a modern democracy. The commission was established as a response to criticism from the public and government over media ownership.
As the Commission chair, Hutchins had the duty of selecting members for the Commission, but he ran his picks by Henry Luce first. The final commission was made up of twelve prominent intellectuals. Although all members were respected intellectuals with sterling reputations, none were journalists. Hutchins thought the commission would be more open-minded if it contained no journalists, but enemies of the Commission, particularly in the press, used that to attack its credentials.
After deliberating for four years, the Commission came to this conclusion in 1947: the press plays an important role in the development and stability of modern society and, as such, it is imperative that a commitment of social responsibility be imposed on mass media. According to this social responsibility theory, the press has a moral obligation to consider the overall needs of society when making journalistic decisions in order to produce the greatest good. Though there had been journalism "codes of ethics" for decades, the Commission's report was considered landmark by some scholars; they believed it was a pivotal reassertion of modern media's role in a democratic society.
Social-responsibility theory was born at a time (just after Franklin Roosevelt’s death) when large and powerful publishers were unpopular with the public, and when the public had a high degree of suspicions about the motivations and objectives of the press. The press had mushroomed into an unwieldy and powerful entity, and criticism of the Fourth Estate was widespread. Critics contended that the media had monopolistic tendencies, that corporate owners were not concerned with the rights or interests of those unlike themselves, and that commercialization produced a debased culture as well as dangerously selfish politics.
Social-responsibility theory thus proposes that the media take it upon themselves to elevate society's standards, providing citizens with the information they need to govern themselves. It is in the best interest of the media to do this; if they do not, social theorists warn, the public will demand that the government regulate the media.
Some scholars (among them John C. Nerone) have speculated whether journalistic fairness and balance already existed prior to the Commission’s report. Were the Commission's conclusions merely an "adjustment" in liberalism, brought on by perceived business demands? Libertarians (who prioritize individual liberty and seek to minimize the power of the state) are wary of the social-responsibility theory; they believe that responsibility means accountability, accountability means government intervention, and government intervention comes at the expense of liberty. Indeed, the Commission noted that continued misuse of press power would necessitate regulation.