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Theories of Culture, Theories of Cultural Production institutions might be dismissive or hostile. More surprising perhaps is the animosity of many elsewhere to the left of them. (From now on, I shall use
‘political economy’ as shorthand to refer to ‘critical political economy’; this is common in analysis of cultural industries).
One common misunderstanding among some analysts is to see political economy approaches as a version of orthodox cultural and media economics.
In fact, political economies explicitly aim at challenging the lack of an ade- quate ethical perspective in the neoclassical paradigm discussed in the ear- lier section on economics. Peter Golding and Graham Murdock (2005: 61–6) distinguish political economy approaches to the media from mainstream economics approaches in four respects:
•
Political economy
approaches to the media are holistic, seeing the econ- omy as interrelated with political,
social and cultural life, rather than as a separate domain.
•
They are
historical, paying close attention to long-term changes in the role of state, corporations and the media in culture.
•
They are ‘centrally
concerned with the balance between capitalist Share with your friends: