Media, Information and Technoculture 2100F/G Lecture Notes - Lecture 2: Commodification, Wage Labour, Capital Accumulation

• School: Western University
• Department: Media, Information and Technoculture
• Course: Media, Information and Technoculture 2100F/G
• Professor: Nick Dyer- Witheford

Document Summary

Political economy of media = the relation between: Power (politics); wealth (economics) and; the means of communication (media) Political economy of media deals with the relation between power (politics), wealth (economics) and media. But to understand what political economy of media is, and its different branches and debates, we have to take a historical view and see where it came from. A lo(cid:374)g ti(cid:373)e ago i(cid:374) a gala(cid:454)(cid:455) (cid:374)ot so far a(cid:449)a(cid:455), (cid:373)ost people li(cid:448)ed i(cid:374) . Rural, peasant societies a farming economy; a farming economy. Where people grow or make most of what they need to live. Markets (barter, buying and selling) exist but not central to central to life. Communities are materially poor, and local in scope. Landowners and church extract wealth by force, fear, and tradition. Poets, painters, musicians and other cultural produces considered skilled craftspeople or artisans.