Political Economy Media Essay

Political Economy Media Essay-79
Facebook and Google, for example, control (3) New ecosystems.Even though these platforms are dominating, they also provide a whole new ecosystem for entrepreneurs to build off of. It’s quite big sooriginally appeared on Quora - the place to gain and share knowledge, empowering people to learn from others and better understand the world.Therefore, the essay explores the assertion in “the world today the diversity of new communication technologies and new media, the democratization of communication, and the universal access to technological content are nothing than a myth.

Facebook and Google, for example, control (3) New ecosystems.Even though these platforms are dominating, they also provide a whole new ecosystem for entrepreneurs to build off of. It’s quite big sooriginally appeared on Quora - the place to gain and share knowledge, empowering people to learn from others and better understand the world.Therefore, the essay explores the assertion in “the world today the diversity of new communication technologies and new media, the democratization of communication, and the universal access to technological content are nothing than a myth.

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New media; Capitalism; Political economy; Pluralism; Democratization; Information This paper begins with the conceptual definition of information communication technology, new media, cultural industry, and political economy of the media.

It also examines the Marxists and Pluralist view of media ownership and control as well as the effect of the media industry, cultural industry and political economy of the media on new media’s accessibility of information.

This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

Visit for more related articles at Journal of Mass Communication & Journalism This paper examined the political economy of the mainstream and new media, it explicates how media industry, the political economy of the media and capitalism affects the accessibility of information in the new media.

The study established that the political economy of the media deals with the generation and distribution of resources (film, social media, online newspapers etc) and that power (capitalism) affects it.

The paper’s design method is a narrative literature review and the data sources included Google scholar, blogs, Google, and the web of science. A narrative review was conducted between March and May 2017.Here are a few nuggets that I think help put it in perspective: (1) Democratization of information.Received date: June 23, 2017; Accepted date: July 06, 2017; Published date: July 10, 2017 Citation: Apuke OD (2017) Another Look at the Political Economy of the Mainstream and New Media: The Capitalists Influence. doi: 10.4172/2165-7912.1000341 Copyright: © 2017 Apuke OD.The paper outlined and discussed the issues raised, into themes concerning political economy of the media; new media; Marxist and Pluralist view of media ownership; the political economy of the new media and the influence of capitalism on the accessibility of information from the new media.The study revealed that capitalism is one of the driven forces that affects the pluralism and democratization of information on the internet; due to capitalism some classified information are sold and copyrighted.This is a challenging question to answer because I think it’s a very complex relationship in a lot of ways.Here are a few nuggets that I think help put it in perspective: (1) Democratization of information.This has allowed smaller brands to gain a foothold in the market much easier.When we see trends like craft beer, food trucks, and local fashion, that is often the result of harnessing social media platforms to build a following in a cost effective way.They are the plumbing that allows (or doesn’t allow) content to spread.This has disrupted the traditional advertising model, and these platforms have become some of the world’s biggest companies by market capitalization as a result.

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