MDSC01H3 Study Guide - Final Guide: News Corporation, Class Conflict, Proletariat

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25 May 2016
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Vincent mosco overview of the political economy of communication. Political economy: major perspective in communication research, concerned with the study of social relations, particularly the power relations, aka inequality relations. Rooted in works of adam smith, david ricardo, john stuart mill. Aimed to explain capitalist revolution, transformation of agricultural societies into commercial/manufacturing/industrial. Marx examined the class struggle (discussed earlier the bourgeoisie / proletariat) and concluded through social change we could move from capitalism to socialism. Communication from a pe perspective is about social exchange of m eaning whose outcome is the measure or mark of a social relationship. Relates to media conglomerates (conglomeration = practice of accumulating multiple companies through mergers, start ups, etc) Six companies own all of our media; ge, newscorp, disney, viacom, time war. Social praxis : unity of thinking and doing. Three important processes for a political economy of communication:

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