SOC 525 Lecture Notes - Lecture 3: Neoliberalism, Edward S. Herman, Noam Chomsky

• School: Ryerson University
• Department: Sociology
• Course: SOC 525
• Professor: Michael Thorn

Document Summary

The arena of competitive and commercial dealings where products are bought and sold. The buying and selling of goods as the most important economic activity of society we buy therefore we are. The promotion of goods and services for sale. The nancial basis of almost all commercial needs. It tells us how to be happy in a capitalist system. An economic ideology/system reliant upon open markets, deregulations of industry, and privatization of government in which all of society is conceived of as a marketplace. Came into place after the great depression. In a consumer society, satisfaction ( of the illusion thereof) is achieved in the marketplace. In a consumer society, advertising is everywhere. How media operates in a consumer society as propaganda . According to edward herman and noam chomsky there are 5 key institutional media lters that prevent oppositional points of view from being expressed.