The repugnant Time Inc., publisher of Time magazine, is implementing massive employee layoffs, amounting to about 540 people let go, New York magazine reports.

The media behemoth, once a bastion of bourgeois classical liberalism but for the past several decades a forum for statism and a plethora of other forced social distortions, has been battered by the rise of the internet and Time‘s increasing distance from its readers’ beliefs.

One feels sympathy for the laid-off workers but must recognize that this is a very salubrious trend indeed.

–S. T. Karnick