CMNS 240 Study Guide - Final Guide: Post-Fordism, Frankfurt School, Wage Labour

• School: Simon Fraser University
• Department: Communication
• Course: CMNS 240
• Professor: Enda Brophy

Document Summary

Political economic approaches have been divergent, always changing. Pec is a way of looking at the world, set of glasses, can look at all sorts of different issues. Political economic approach to media and communication. You do(cid:374)(cid:859)t (cid:272)ha(cid:396)ge ea(cid:272)h othe(cid:396) fo(cid:396) fa(cid:373)il(cid:455) (cid:396)elatio(cid:374)s, a(cid:373)o(cid:374)g f(cid:396)ie(cid:374)ds (cid:455)ou do fa(cid:448)ou(cid:396)s (cid:894)outside of the (cid:373)a(cid:396)ket(cid:895), (cid:455)ou do(cid:374)(cid:859)t (cid:272)ha(cid:396)ge (cid:455)ou(cid:396) (cid:272)hild(cid:396)e(cid:374) (cid:449)he(cid:374) (cid:455)ou (cid:271)(cid:396)i(cid:374)g the(cid:373) to the park (not about buying and selling) Non-capitalist examples: file-sharing online, useful information online for free. Capitalism is only one way among many of organizing economic relations. Characteristics of capitalism: private ownership and production for profit, wage labour, market exchange (and competition, a money system operated through banks, some form of the state. Pe: management of the household, and the management of the community. By 1800s, main concern of pe was how to increase national wealth, or aggregate income. More importantly, the study of how to wealth was created, distributed, and consumed in capitalist economy.