The document discusses the social responsibility theory of the press. It argues that while the press is free from government interference, it can still be controlled by corporate interests if it is not vigilant. The press has a duty to provide information needed for political systems and self-governance, act as a government watchdog, bring together buyers and sellers, provide entertainment, and be profitable enough to avoid outside pressures. The theory essentially advocates for non-authoritarian media controls, as seen in some form in France, Israel, and Sweden.