Since the media’s power and the control of the communications system have been dominated by a few corporations, media conglomeration has been viewed as an obstruction and limitations ?? of diversified contents. While opponents believe there is a crisis impending due to the perception of increased concentrated ownership and convergence of the media industry that interfere with message pluralism, supporters argue the media system has increased diversity more than before and large companies offer advantages that a small company can never afford . This paper examines the history of media ownership and the current FCC regulations, and discusses the effects of media conglomeration on our society. In the United States, there are a few corporations that control the mass media.
What is your opinion of a merger? If you say and think a merger is a bad thing then you are not alone. Recently, “mergers were given a big thumbs down in a poll given to Americans and Canadians.” The definition of a merger is “a combination of two or more businesses to form a single firm.” The cons of mergers greatly outnumber the pros because as companies get larger and larger, people lose jobs, monopolies form, and consumers pay higher prices, resulting in a less competitive and, therefore, less opportune business market. Is bigger really better? Big might be sometimes better, but companies, corporations and monopolies can get too big.
Foreign direct investments as well as portfolio investments have decreased in low- and middle-income countries, high-income countries had a significant decrease and china and India had an increase (Gunter and van der Hoeven, 2004). The production of goods has been internationalized, such as assembling and producing products in different countries (Gunter and van der Hoeven, 2004). Opponents of globalization believe that the increase of economic drives multinationals in a “race to the bottom” to manufacture in countries with the lowest labor costs and the weakest labour standards (Gunter and Van der Hoeven, 2004). Proponents of globalization believe that if nations produce their products they are best in, will result in a more efficiency and productivity
Firstly, cultural industries affect our views and knowledge about the world by creating and circulating different products. The media have a major contribution in this regard, not only through newspapers and broadcast news programmes but also through entertainment like films, television series and music. They help frame our views on what is right or wrong, determine how people live together in society, how far democratic functions are carried out and justice and rights upheld. These texts are disseminated by powerful corporations whose major motivation is to earn profits. Often theorists debate over whether cultural industries operate to carry out the interests of these elites in the society.
Michael Moore made the movie Capitalism: A Love Story to show his audience that because of all of these big banks and large corporations, we are in this huge economic mess. He goes directly to the people affected by this crisis to try and get his point across. Two of the main unethical acts done by these large corporations, according to Michael Moore, are taking out life insurance on employees and infiltrating our government to pass there own agenda. Then Moore goes on to talk about FDR's proposed bill of rights to help the average working American. All of these things come together to create Moore's movie and help him prove his point.
The Omnipresent Arsenal, which was also written by Michael Parenti, was to show readers how the United States used their army as a scare tactic and how a country is either a Satellite country or considered an enemy to them. Parenti says,”The imperial nation conceives of only two kinds of nati... ... middle of paper ... ...older money without consent.”. With companies already having strong influence over politicians and citizens in the U.S., these companies have formed something called the CFR, “Council of Foreign Relations.” and in this council, there is discussion on current events and how to bribe an political figure to do their bidding. The Supreme Court decision that allowed corporations to the rights of personhood allowed them to have the same rights just as people did such as, freedom of speech, and freedom of press. Chomsky says in his article, “corporate managers, “wield a power and control over the wealth and the business operations of the country,” becoming “rivals of the government itself.”.
This ability which the news media obtains, gives them the power to influence the Public Opinion which influence on what they believe what action the President and Congress should be included in the country’s political agenda. Elections results are also critically affected by what is said throughout the media since public opinions are centered on what the media says. During the early years of the United States, most of the citizens would obtain their news from their local newspaper. Print media had the ability to be more detailed about their news which gave them the advantage of influencing their readers. Although this is still an effective way to inform people about news, but it did have some disadvantages.
“In a survey of 118 news directors around the country, more than half, 53 percent, reported that advertisers pressure them to kill negative stories or run positive ones.” News directors have also reported that outside TV consultants have been brought in to stations to critique their newscasts and improve ratings by often issuing blanket edicts about what should and should not be covered in doer to attract the most advertising dollars. (Just, 1) This fact now being known makes us aware that the media is often swayed from criticism of the products or mistakes of the corporations that give them this money. Important defects or corporate issues that we need to know about have possibly gone unannounced due to the fear of losing sponsors and profit. The only way to guarantee diversity of opinion in the media is to have diverse ownership over it. The airwaves are a limited resource with a few channels still remaining.
On the other hand, the same politicians who criticize the media attempt to sway and dominate it, trying to get their messages out to the electorate. What does this say about journalism in the current age? To start with it speaks about the substantial presence the media has in our political system. In many ways, our democracy depends on the media, just as much as the media depends on the political system of a country. As said by Angela Phillips and Tamara Wtschge, “Information is to democracy what oxygen is to fire.
Title: Corporate Control Author: Annonymous Rating: 0 Rate this Paper It seems that there is an ever-increasing trend in our society. Big corporations are becoming more and more influential in our lives. As they gain more and more muscle in our government they also invade our schools and many other facets of our lives. Perhaps the most disturbing area of potential influence, however, is corporate control of the media. Can the American media uphold its values of free press under pressure from big corporations?