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Words: | Submitted: Mon Jun 19 2006
... 'unpopular and unconventional' and to focus on values and assumptions which are most important and most widely accepted (Murdock & Golding 1977: 37, cited in Curran et al. 1982: 26). According to Murdock and Golding critical political economy has four main respects that set it apart from mainstream economics; they are that it is: * Holistic * Historical * Chiefly concerned with the balance between capitalist enterprise and public intervention * Takes on moral questions of justice, equity and the public good, going far beyond technical issues of efficiency Mainstream economics considers the 'economy' to be a disconnected and specific subject. Meanwhile Marxist views believe media groups to be entwined into the power structure, and as a result are operating in conjunction with those more dominant institutions in today's society. The media reproduces the viewpoints of these major institutions as being the central and obvious or natural perspective, instead of portraying the ideologies as a part of a number ...
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