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Where anyone puts the “center” of the political spectrum is arbitrary and ultimately irrelevant. What we should still be able to expect is that it gets the ordering of sources correct—i.e., it doesn’t label Source A as being to the left of Source B if it’s actually to the right. And that relative ordering is still useful, as long as we bear in mind that the actual labels are otherwise arbitrary.
They (MBFC) explicitly state that they rate sources as more credible the closer the sources are to their arbitrarily selected centre.
Which is ridiculous. If Democracy Now or ProPublica take great pains to get all their facts right (which they do), and the New York Post regularly outright makes shit up, they're marked as equally reliable based on that metric, because they're supposedly an equal distance away from the centre.
It puts Reuters as the center and that seems pretty accurate, IMO.
Non-US politics is more complicated than "left vs right".
Definitely—so sources that are close together when projected onto a left-right axis may be far apart in a more multidimensional political space. But the relative ordering along that axis can still be accurate, even if the implied proximity isn’t.
The assumes that the US Democrat-Republican spectrum is indeed a straight line in that space, and they are diametrically opposed.