Summary of Core Concepts
The Political Economy of Communication: Key Concepts
Commodification:
Transformation of use values (products valued for their utility) into exchange values (marketable products).
Example: Turning a story into a film.
Spatialization:
Overcoming geographical constraints through communication technologies (e.g. global media) which alter social relations.
Companies use communication for global operations impacting access to consumers and labor.
Structuration:
Process of creating social relations along class, gender, and race lines influencing access to media and communication technologies.
Philosophical Foundation:
Political economy integrates abstract ideas and concrete observations.
Rejects reductionist views: neither economics nor culture solely explains media dynamics.
Processes in Political Economy Research:
Emphasis on social change, relations, and institutions over structures alone.
Conclusions on Commodification:
Commodification leads to new commodities and immanent commodification (where one commodity gives rise to another).
Critical view of commodification stresses its effects on social relations and the economy.
Alternatives to Commodification:
Can be found in private (intimacy, friendship) and public (democratic participation, citizenship) life.