CMNS 130 Lecture Notes - Lecture 9: Alternative Media, Bell Canada, Oligopoly
Document Summary
Media democracy this saturday- at the vancouver public library. Enron made a campaign around 1990"s rise of stocks. Had vast natural gas sources around world (a lot invested by enron) and most were not doing well. Enron had invested in a power plant in india, and lost a billion when india could not afford to run the plant. Bought many natural gas and electricity companies, and encouraged workers to invest their savings in enron stock. Enron would only hire analysts that recommended and condoned the company"s methods. Enron made broadband services by partnering with blockbuster. It was failing, but they made an illusion that it was successful. As the company was crashing, the top execs were selling workers" investment stocks. Notes: an example of how neoliberalism can be destructive. We then looked at neoliberalism just as there are many perspectives during era of modernity, there are many perspectives now.