The title itself is a reference to the chit issued to patrons of urban brothels at the time. Sinclair drew an analogy between journalists and prostitutes, beholden to the agenda, ideology, and policies of the monied elites that owned and controlled the press. It was an integral part of his broader critique of the corruption of U.S. politics and the appalling nature of capitalism: "Politics, Journalism, and Big Business work hand in hand for the hoodwinking of the public and the plundering of labor"
From:
Upton Sinclair and the Contradictions of Capitalist Journalism
by Robert W. McChesney and Ben Scott
Beginning in the 1980s, there was a significant increase in awareness of the deep flaws of mainstream journalism among those on the U.S. left. Writers such as Todd Gitlin, Herbert Schiller, Gaye Tuchman, Ben Bagdikian, and Michael Parenti, each in his or her own way, drew attention to the incompatibility between a corporate run news media and an ostensibly democratic society. The work of Edward S. Herman and Noam Chomsky, in particular, introduced an entire generation of progressives to a critical position regarding mainstream journalism. As the title of their masterful Manufacturing Consent indicated, the capitalist news media are far more about generating support for elite policies than they are about empowering people to make informed political decisions.
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