CMST 1A03 Lecture Notes - Lecture 4: New Media, Time Complexity, Internet2
Document Summary
Studied at mac ph. d in political economy u of chicago. Greatest thinker in field of canadian communications. Different types of technology lead to different societies. People inhabit both a symbolic and material environment at the same time: used to believe we inhabited material things, not concepts copy rights. Put forth that ideas are just as important in economy. Simplier to communicate ideas transfer of knowledge: difficulty media is important. The invisible hand in the market to bring buyers and sellers together. Smith the moralist influenced innis the moralist: free market. The theory of moral sentiemnts a. smith: free market spins off into disorder and anarchy if the participants don"t share like minded moral and ethical concepts. Power to the strongest in the hands of few people: the way you avoid the strong individual power is through strong moral components. Communities share values and beliefs that constrain the market.