Media, Information and Technoculture 1020E Lecture Notes - Lecture 7: Theodor W. Adorno, Max Horkheimer, Angela Carter
16 Aug 2016
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Document Summary
Political economy of media: the culture industry and its superheroes. Political economy: the message is money (or profit and power) Political economy of media deals with the relation between power (politics), wealth (economics) and media. Hoe media get revenues and make profits. The situation of workers (from stars to interns) in media. How all these factors affect the content of media. Origins in 18th & early 19th century europe. Emergence of market economy, based on the buying selling of good (commodities) = capitalism. Adam smith: market is best form of society because it maximizes individual freedom, free market economics. Karl marx: capital is based on exploitation of workers by owners. Marxist revolutions russia (1917) and china (1949) establish state socialism. Authoritarian state controlled economies, dictatorial communist parties, serious restrictions on freedom of speed and censorship. Fascism and nazism appear as genocidal, militarist regimes. Committed to destroy both socialism and liberal democracy. Perfecting propaganda in film, radio and other cultural forms.
