CMNS 130 Lecture Notes - Lecture 8: Ethics, Neoliberalism

• School: Simon Fraser University
• Department: Communication
• Course: CMNS 130
• Professor: David Newman

Document Summary

Moral philosophy- morality of capitalism in the market. Relation and responsibility of business owners to society. Political economy- retains concern with policy and economy of what is right. How they are created and consumed need a perspective of the world. Media industries- how they work and what role they assume and their connection. Political ecnomy ( of cmns) loss of diversity higher prices = monopoly is controlled by gov"t (or there is no market if. Trends: are evident and relevant in other countries too. Capitalism- (neg. ) without control only for companies to get bigger and remove competitors. we need regulation. If one company dominates monopoly dominates) cross media ownership- newspaper company owing radio and television stations. Fewer and larger media companies horizontal ownership vertical ownership separation b/w broadcasting and producing ensure competitive market neo-lib deregulation allows for all these problems. Due to deregulation in neolib derease # on corperations & increase concentration.