Media, Information and Technoculture 2100F/G Lecture Notes - Lecture 3: John Maynard Keynes, Shattered Mirror, Civic Journalism

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

Document Summary

Contract between "free markets" and state control. With the latter associated with propaganda, official art, censorship. Even the free market depends on the 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 o o o o. Regulation: oversight over how much of media an 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 increases in personal freedoms. In practice, de-regulation = an increase in corporate power. de-regulation is really re-regulation, the state using its power in favour of corporate rather than public interests. The role of state in capitalist economies caries according to time and place.