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Political Economy of Media

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Digital Divide

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Refers to the gap between individuals and communities that have access to information technology and those that do not, potentially perpetuated by media industry practices.

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Cultural Imperialism

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The practice of promoting and imposing a culture, usually of a politically powerful nation, over a less dominant society; may be evident in media content.

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Monopoly

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A market structure characterized by a single seller, selling a unique product in the market, which in media industries can lead to limited competition and homogeneity of views and culture.

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Political Economy of Media

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A framework in media studies that examines the power relations, ownership, and profit motivations behind various media and communication systems.

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Hegemony

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A concept from Antonio Gramsci, hegemony refers to the dominance of one group over another, often maintained through cultural and ideological means rather than force, visible in media narratives and structures.

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Advertising Model

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A revenue model for media companies where income is generated through the sale of advertisements within their content, influencing the nature and production of media.

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Propaganda Model

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Developed by Edward S. Herman and Noam Chomsky, this model outlines how propaganda, including the manipulation of public opinion and the democratic process, is a consequence of corporate control of the mass media.

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Deregulation

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The process of removing government controls from an industry, which can lead to increased media concentration and influence of corporate interests in media.

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Public Sphere

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Conceptualized by Jürgen Habermas, it refers to the space where individuals come together to discuss and debate societal issues, potentially influenced by media ownership and policy.

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Commodity Fetishism

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A concept from Karl Marx's critique of political economy involving the perception of social relationships involved in production, not as relationships among people, but as economic relationships between the money and commodities exchanged in market trade, often reflected in media content.

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Net Neutrality

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The principle that internet service providers should enable access to all content and applications regardless of the source, and without favoring or blocking particular products or websites, which is integral to a democratic media system.

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Media Conglomerates

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Large companies that own numerous companies across various media such as TV, radio, publishing, film, and the internet, often resulting in decreased diversity in media content.

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