The political economy of media

the long version

The influence of media on society is unquestioned. Its reach penetrates nearly every corner of the world and every aspect of life. But it has also been a contested realm, embodying class politics and the interests of monopoly capital. In The Political Economy of Media, Robert W. McChesney provides a comprehensive analysis of the economic and political powers that are being mobilized to consolidate private control of media with increasing profit - all at the expense of democracy. He examines the monopolistic competition that has created a global media that is ever more concentrated and centralized; reveals why questions about the ownership of commercial U.S. media remain off limits within the political culture; how private ownership of media leads to the degradation of journalism and suppression of genuine debate; and why corporate rule threatens democracy by failing to provide the means for an educated and informed citizenry. The Political Economy of Media also highlights resistance to corporate media over the last century, including the battle between broadcasters and the public in the 1920s and 1930s and the ongoing media reform movement today.