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Final

CMNS 240 Study Guide - Final Guide: Walter Lippmann, Communication Studies, International Monetary Fund


Department
Communication
Course Code
CMNS 240
Professor
Enda Brophy
Study Guide
Final

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CMNS FINAL REVIEW
WEEK 1
WHAT IS
what is the political economy of cmns
opolicy of media
oeconomy of media, how to allocate resources
SNOWDEN EXAMPLE
begins to structure media environment
repercussions in Canada
ohighlighted a NSA Canadian counterpart
PEC
as an approach which seeks to investigate the relationship between communication and
political and economic power
world of media, like political economy, is at a historical junction, undergoing a crisis and
transformation
capitalism is a system that occasionally becomes stagnant, encounters barriers and enters
crisis
owhen crisis happens, called periods of creative destruction, get through these crisis,
create new so a new version of capitalism can emerge
osigns
2008 global financial crisis
summer 2015 shanghai stock exchange plunges
one of main motors of world economy stuttering, bringing world
markets down with it
summer 2015 Greek debt crisis
summer 2015 anti-austerity protests in Greece
2014/2015 anti-debt protests, US Chile Canada
WHAT KINDS OF ISSUES WE'LLL LOOK AT
traditional mass media organizations and the financial crisis
multimedia conglomerates and the challenge of social media firms
the growing importance of intellectual property vs the free availability of information
the transformation of work in the media industries
the global production of information technology
the rising influence of finance over the media
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find more resources at oneclass.com

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CMNS FINAL REVIEW
WE ARE NOW EXPERIENCING A DIFFERENT AND UNSTABLE FORM OF CAPITALISM,
DIFFERENT FROM THE KIND TWO GENERATIONS AGO EXPERIENCED (WW2-1970) A
UNSTABLE TRANSFORMATION. COMMUNICATION AND MEDIA TECHNOLOGY BECOMES
CENTRAL TO THIS TYPE OF ECONOMY. THIS TRANSFORMATION HAS ALSO CRFEATED AN
UNEQUAL WORLD. SO WHAT IS THE RELATIONSHIP BETWEEN THE TRANSFORMATION
AND THE INEQUALITY
TASK IS TO DEVELOPE ON POLITICAL STANCE ON THIS SITUATION
IMPORTANCE OF THIS COURSE
pol economy produces a deeper understanding of the forces which shape our media
pol economy allows us to take a pol position on the most important issues of our day
pol economy gives us a foundation for our interventions in the world of media and beyond
GOALS
to become familiar with a pol economic perspective within cmns studies
to understand some of the major political economic trends affecting communication and
media industries
to acquire a set of critical political economic concepts
to apply a political economic perspective in a case study
THEMES AND TOPIC BREAKDOWN
three parts
opolitical economy and communication studies - traditions and perspectives
where it comes from
sense of core features of what an economy is
take a look at the first moments in which cmns scholars began to take pe and
began to apply to media
began to worry about propaganda
othe political economy of transition - post Fordism/ and neoliberalism
dedicated to transition
older type of capitalism began to enter into a crisis and capitalism began to
change
ocase studies - the political economy of communication today
apply learnt info to case studies drawn from world around us
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find more resources at oneclass.com

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CMNS FINAL REVIEW
WEEK 2
WHAT IS CAPITALISM
capitalism
ois a mode of production, or an economic system?
as a way of organizing human interaction
oPE of today refer to a capitalist economy as simply the economy, though not the only
way of organizing the economy
othere were stages before capitalism, and very well will be stages after current
capitalism
oalso ways of organizing economy within capitalism
not all social relations are capitalist
ex family relations, religion, social safety net
it is only one way among many of organizing economic relations
capitalism characterized by
oStanford
private ownership and production for profit
wage labour
society divided into groups who own ppl and make profit, and groups
who do not own ppl but work to make a living
oMann adds to it
market exchange (and competition)
place where buyers and sellers come together
a place where sellers compete
money system operated through banks
some form of the state
all of these elements PE emerges capitalism
HISTORY: EMERGENCE OF PE
PE emerges as a field of inquiry during the 17th century
term "pol econ" first appears in greece in 1615 used by Antoine de montchretien in traite de
l'economie politique
economics
ofrom oikos, for house and nomos, for law in classical greece
political
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find more resources at oneclass.com
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