POL 128 Lecture Notes - Lecture 2: Horizontal Integration, Vertical Integration

• School: Ryerson University
• Department: Politics and Public Administration
• Course: POL 128
• Professor: Matthew Flisfeder

Document Summary

Lecture 02 - the political economy of film. Argues that the fields of politics and economics are inseparable. Adam smith: pe = study of wealth and allocation of resources. Classical pe: shift from political economy to economics shift from macro to. Marx/engels: historical materialism holistic approach to relation between relations, and ideological hegemony microanalysis commodities, social. Critical political economy = return to macro-analysis; looks at the role of the matters that serve the interests of the wealthy state in economic. Capitalism granted today, such as wealth lie in the hands of. An economic system based on private ownership of the means of production and distribution, and geared towards the generation of profit. Underwrites many of the economic and cultural institutions that we take for private property, individual freedom, and the imperative for economic growth. In capitalist economies, the means of creating, distributing, and exchanging wealthy individuals and corporations, rather than in the hands of the public or state.