I was interested to read a story by Michael Wolff in USA Today saying that Graydon Carter may be about to step down as editor-in-chief of Vanity Fair. Carter has been at the helm for 22 years and was my boss during the three years I spent there between 1995 and 1998. According to Wolff, himself a columnist at the magazine, the runners and riders to take over are nearly all British.
Wolff thinks this is mainly because power within Condé Nast, the publishing company that owns Vanity Fair, has shifted from New York and towards London, home of Condé Nast International, a subsidiary that is now more profitable than the mother ship. No doubt there’s something in that, but the bigger reason must surely be because British journalists are so much better than their American counterparts.
You can get a sense of what American journalists’ priorities are from looking at a 96-page report that the New York Times has just produced about… the New York Times. I’m not talking about the words, obviously, which are far too boring to read, but the pictures. On page three of the report, there’s a photograph of the paper’s top brass gathered around a computer terminal, having just discovered that the Grey Lady has won yet another Pulitzer prize. The staff are gathered around them on the stairs — hundreds of them — and one of the editors is looking up and humbly applauding them: ‘Well done, folks. You knocked it out of the park… again.’
That’s what most American journalists care about — winning prizes that affirm just what noble tribunes of democracy they are. In Britain, we have less lofty ambitions. For us, it’s all about selling newspapers and — pathetic hacks that we are — producing stories that people actually want to read.

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