The days that Neil Burgess refers to had an economy in which the magazine and book was well supported. Photography done then was about state-of-the-art. Some very good photojournalists were supported and rewarded for their integrity.
What is different today? The media has changed, but the economic dynamics remain the same. The economy no longer needs considered photojournalists, nor journalists in general. What it thinks it needs, and what it pursues exclusively is money, just as before, but today without self-reflection and guidance from strident, intelligent and diligent peers. Today the bean counters and PR types run the media, make the news decisions, make the market.
Society, the people, need good journalists but the people are not going to work any harder to support them than they ever did. People take the path of least resistance, and today that is Fast Media - thoughtless junk.
Newspapers fired their proof readers decades ago. You can find poor grammar, typos, and the typical mistakes of rapid typing and inconsiderate writing in almost every popular media article today. Discrimination in writing and imagery was never the forte of the public, but at least at one time the image and print media could inform the public of considered thought and imagery. No longer.
A subtext to what is happening today is the glorification of foolishness, which the public has always fostered but did not have the opportunity to express. Now with the internet anyone can tack utterly idiotic, egoist, self-serving comments to a news article. The very fact that journals encourage the same indicates to me that they will remain uncritical because skimming the surface for schmaltz is cost effective.
We can still have thoughtful journalism, and a great deal still exists, but not in the mainstream, not here, and probably not within the lines of text I just contributed.