Media, Information and Technoculture 2100F/G Lecture Notes - Lecture 4: John Maynard Keynes, Legal Personality, Culture Industry
6 Feb 2017
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Mit2100: policy media, public goods, neoliberalism and beyond. Co(cid:374)trast (cid:271)et(cid:449)ee(cid:374) (cid:858)free (cid:373)arkets(cid:859) a(cid:374)d state (cid:272)o(cid:374)trol. With the latter associated with: propaganda, official art, censorship. Even the free market depends on state power. To enforce property rights, contract agreements and company law necessary for commodity exchange. In nearly all capitalist countries the state influences cultural industries by: laws: copyright, obscenity, privacy, regulation: oversight over how much of media any one corporation controls, subsidies: support, via taxes for particular industries, public or private. Regulation = term used to describe all sorts of state intervention in media sphere. De-regulation = term used to describe the removal of state intervention in media sphere: often represented as increase in personal freedoms, liberating people from the burden of the state. The role of state in capitalist economies varies according to time and place. Elements from these different historical moments all inform our situation right now in 2017. Each extreme has been brought about through economic crisis.
