She grossly miscalculated the numbers in more ways than one. There are nowhere near as many Murdoch haters as there are defenders of freedom of speech.
In capitalist society—or in a society that contains a capitalist element of decisive importance—any attack on the intellectuals must run up against the private fortresses of bourgeois business which, or some of which, will shelter the quarry. Moreover such an attack must proceed according to bourgeois principles of legislative and administrative practice which no doubt may be stretched and bent but will checkmate prosecution beyond a certain point. Lawless violence the bourgeois stratum may accept or even applaud when thoroughly roused or frightened, but only temporarily. In a purely bourgeois regime like that of Louis Philippe, troops may fire on strikers, but the police cannot round up intellectuals or must release them forthwith; otherwise the bourgeois stratum, however strongly disapproving some of their. doings, will rally behind them because the freedom it disapproves cannot be crushed without also crushing the freedom it approves.
Schumpeter expands his argument in the next paragraph:
Only a government of non-bourgeois nature and non-bourgeois creed—under modern circumstances only a socialist or fascist one—is strong enough to discipline them. In order to do that it would have to change typically bourgeois institutions and drastically reduce the individual freedom of all strata of the nation. And such a government is not likely—it would not even be able—to stop short of private enterprise.
In a liberal democracy you would expect that the kind of state-sponsored media attacks we’ve been witnessing should fail – and it reflects very poorly on our politicians that they have even made the attempt. Or course it reflects much more poorly on the UK where these attacks have succeeded.