CMNS 240 Lecture Notes - Lecture 8: Manuel Castells, Prisa, Post-Fordism

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Document Summary

Week 8 global media, convergence, and informal economies. So far, we have explored the shift towards post-fordism, neoliberalism, and communicative capitalism: offer useful way to understand big picture changes that occurred, each of these three terms useful in describing one part. Economic production reorganized to allow capitalism to remain profitable. One name for new regime of accumulation. David harvey, system of flexible accumulation: accumulation imperative in capitalism, has to happen, suggest that new system of marx is flexibility (in production and consumption, flexible suppliers, customizable products, more flexible than fordism) Describing system of governance, mode of regulation set up around regime of accumulation. New system of regulatory institutions and policies that support post- Mode of regulation for post-fordism: neoliberal privatize resources allow new areas for capitalism to produce profit and growth, national government have instituted policies, world bank have move to privatization of state resources. New laws and policies created to produce new markets.

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