CMN 2173 Lecture Notes - Economic System, Enron Scandal, Commoditization
23 Feb 2014
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Corporations have access to our spending habits via our digital cash expenditure. Key difference to cash spending and digital cash spending is the trail/trace. Spending habits can demonstrate things like political views, sexual orientation, even pregnancy term. p. 12 (baudrillard) Now, it is about the consumption of digital mass media. Consumption of the code" results in oppression. (code is modicum of control eg. bible, Civilization seeks to control the code of meaning . Code = consumption process, mass media: monopoly of the code, creates potential social reality with no tiebacks to the. Capitalism was a progressive growth (not unlike christianity). Structured simulation of reality interpret as meaning is dead. Led to rise to corporate media (altered images by corporations). Commentary to commentary, reference to reference comes full circle, eventually. Vast steam of unreal images in media leads to reference to self. World of real recedes, as hyperreal of media takes over.
