SOC 202 Chapter Notes - Chapter 4: Gross Domestic Product, Theodor W. Adorno, 3D Film
15 Jul 2016
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Document Summary
Each year brings an increase in the size of the contribution of pop culture to overall economy. Difficult to determine amount that the production and consumption of pop culture contributes to standard measurements. Production of culture has significance for today"s economies. Stock market boom of 1990s: promise of new services, experiences, and consumer objects (electronics) that would increase new profits. Separation of production and consumption to stress ways in which each contributes in its own way to the creation of individual and social meaning in pop culture. Production of steel and cars has been treated as the real economy, and production of films and television shows has been seen as a marginal economic practice. Money changes everything : the pitfalls of thinking about production. We know more about the economics of pop culture than the content of pop culture itself. Success of stars (not financial success) is still very often measured by number of units sold.
