ANTON HARBER: The snake-oiled social media’s bad faith and big profits

It wasn’t long ago that anyone could sell any “medication” and promise it would cure anything. Snake oil salesmen wandered around the countryside spreading fear about sickness and making money from selling fake cures. People died as a result.

Over the last 100 years or so we developed ways of controlling this, such as the testing of medicines, restrictions on false advertising and peer-control of powerful professions such as doctors and chemists...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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