Chapter 2: Marxist Analysis Flashcards
(32 cards)
What is marxism?
Marxism is both a social theory and a political movement rooted in the idea that “society is the history of class struggles
What is the central premise of marxism?
the mode of production in society (economic structure and practice) determines the social relations of production (class structure)
Def historical materialism
the character of social life to be a reflection of the material conditions that exist at a particular historical juncture
What is the materialist philosophy?
the material world precedes human thought (Marxism)
- Marx believed that materials changed over time so it must be viewed in a historical context
Explain Marx’s base/superstructure model
Economic base ➔ modes of production
- Modes of production consists forces of production (natural resources, land, factories, technologies of prod, and labour power) AND relations of production
the base influences the cultural superstructure ➔ social institutions (family structures, religion, politics, government, law, education, arts, media etc.)
The material conditions of society (the economic base) influences/determines the cultural superstructure that is social consciousness
Explain idealist philosophy
Ideas, not material conditions, determine social existence
Def the profit motive
the continuous desire to increase capital, ideology that drives capitalism
List the 4 patterns of media ownership
Concentration, conglomeration, integration, and multinationalism
Explain concentrated media ownership
Concentrated, meaning that it is owned and controlled by a small group of powerful companies
Oligopolies ➔ reduces competition so hard for start-ups to survive
Once concentrated the remaining companies act more like partners vs competitors
Explain conglomeration media ownership
Conglomeration, the corporate practice of accumulating multiple companies and businesses through start-ups, mergers, buyouts, and takeovers
-parent company owns and controls a host of subsidiary companies
Ex. Disney
Explain integration media ownership
Integration is an ownership pattern in which the subsidiary companies or branches within a corporation are strategically interrelated
- Vertical integration describes a corporation that owns and controls various aspects of production and distribution within a single media industry like publishing or broadcasting
- Horizontal integration/cross-media ownership describes an ownership pattern in which a corporation dominates one stage (or level in the value chain) of the production process (typically at the same level of production, distribution, or exhibition )
Explain multinationalism
Multinationalism, or a corporate presence in multiple countries, allowing for the production and distribution of media products on a global scale
Def strategy
Strategy: assumes a place that can be circumscribed as proper (propre) and thus served as the basis for generating relations with an exterior distinct from it (competitors, adversaries, ‘clientèles,’ ‘targets,’ or ‘objects’ of research)
Def tactics
Tactics: the everyday practices used by the “weak” to resist domination
List the 5 key strategies of profit maximization
Synergy, planned obsolescence, the logic of safety, celebrity and spectacle, and joint ventures
Def synergy
Synergy, or the involvement of multiple subsidiary companies in the cross-development, production, and distribution of a media brand for the purpose of “exploiting it for all the profit possible.”
- possible because of horizontal integration
Def planned obsolencene
Planned obsolescence “is a business strategy in which the obsolescence (the process of becoming obsolete – that is, unfashionable or no longer usable) of a product is planned and built into it from its conception
Technological obsolescence and psychological obsolescence
Def logic of safety
Logic of safety, which is based on two principles: the belief that “nothing succeeds like success” and the idea that “change” is financially risky.
o Risk avoidance
3 basic arts of imitation: sequels, remakes, and spin-offs
Def celebrity
Celebrity refers to “those people who are well known for their well-knownness.
Def spectacle
Spectacle describes the media’s obsession with the sensational and arresting, scandalous and shocking dimensions of a situation or context
Def hyper-spectacles
Hyper-spectacles: when celebrity and spectacle collide
Low-cost to produce and captures attention for long times = profit generating machines
Def joint venture
Joint ventures to reduce financial risks ➔ media conglomerates split the costs of a new venture
Def advertising
Advertising is a form of communication and marketing designed to persuade audiences to feel and/or behave a certain way toward a product, service, or corporate brand, and it plays a central role in media industry profits
Def measured advertising spending
- Measured advertising spending typically includes expenditures for network and cable TV, consumer magazines, newspapers, internet, radio, and outdoor (billboards, benches, etc.)