Media Environments and Democratic Politics

Media Environments and Democratic Politics -...

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Media Environments and Democratic Politics 04:59 Arguments FOR Market-Driven Media Free market balances out “invisible hand” -will provide media content consumers want market competition will result in best product for the best price, i.e. Telecommunications  Act of 1996 Deregulation has increased # of media outlets Consumers have more choices “Market Populism” Concept that equates private markets with freedom and democracy Faith in the “free market” Arguments AGAINST Market-Driven Media Market populism is a fallacy Free markets lead to inequality- market populism is a tool that is bad for everybody. It  keeps everyone invested in it, when it is terrible for us. Government regulation needed as checks and balances on industry. Not that we need  total government control but we need some regulation. “Promoting competition” doesn’t mean consumers win. Ie. Telecommunications Act of 
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Media Environments and Democratic Politics -...

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