Extract of sample "Applying theories of political economy to music"
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The newer pop and rock music that is being included in each genre, as well as from the Big 6 music corporations, are specifically leading many to have a commercialized expression that will always sell within the genre. The music is becoming a superstructure of what sells, as opposed to providing genuine music.
When looking at the different aspects of the top 20, it can be seen that commercialization has taken over the different genres, as opposed to independent artists and variety. The top 20 on itunes included mostly pop and hip hop music, with only one country song and one alternative rock song. The genres continued with the Big 6 having several smaller branches that were sponsoring the artists, as opposed to a larger corporation. However, none of the artists were independent and all were signed to a contact with the Big 6. The same trend was seen at the Last FM site. Most of the artists were in the genre of dance and pop music. The majority of the artists were also signed over to the Big 6 or a branch of the larger corporations. In the Last FM component, there were more rock and alternative sounds with two to three Indie musicians that were mixed in with the others of this genre. However, Last FM also had several of the same artists playing with different songs for a similar affect. From the two areas of Top 20 that were analyzed, several assumptions could be made. The first is that specific genres, such as pop and hip – hop, are the most popular in society on a global level. The second is that the Big 6 are continuing to create a mass response to what individuals are demanding in society. It can also be assumed, from this analysis, that specific musicians are more popular than others and are instantly hitting the Top 20 on a global level, which shows a mass response to cultural icons and artists that are being promoted by
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Most entrepreneurial characteristics have come from the American country where by far, the rate of industrialization has not declined even though the rate of profits might have, from time to time. However, it must be noted that the US has had a major impact on world economies with respect to their industrialization as well and this answer aims at identifying how these various economic transformations taking place in the US and elsewhere were ratified and interpreted by various scholars and thinkers, with respect to a political state.
Specifically, output grew rapidly along with employment; respectively, unemployment was low as was the inflation; the rapid development of information technologies brought benefits to the U.S. service-producing industries and propelled productivity, and the U.S.
To characterise those properties of the market which it possesses in virtue of the kind of economic institution it is, as against accidental features of this or that market, Aristotle starts by considering the features of the market that distinguish it from non-market economic institutions, specifically the household.
Ignoring this major drawback would be a nave opinion because as per marketing orientation of ethics, people are irrational. Following will be arguments that support the fallacy of democracy and free market economy co-independence.
Free market economy suggests that the power of demand and supply govern the prices and purchasing power of people.
"Political economy considered as a branch of the science of a statesman or legislator proposes two distinct objects, first, to supply a plentiful revenue or subsistence for the people, or more properly to enable them to provide such a revenue or subsistence for themselves; and secondly, to supply the state or commonwealth with a revenue sufficient for the public service.
It's most basic contention is that it is in the interests of all economies to engage in international trade insofar as they all must have a comparative advantage in producing particular goods while also experiencing comparative disadvantage in producing others (Kitching 2001, p.255-256).
According to Fukuyama, the end of Cold War was the end of history as the human civilization was unanimously converging on a single organization, i.e. the Western liberal democracy. The core of the argument that Fukuyama presented
high and rigid wages for the condition of unemployment, whereas according to Keynes, the matter of wages is much more complex than it seems – wages involve the difference between nominal and real wages with the resulting effects on consumer prices and demand.
These are the
First the paper tries to explain why the freedom that Friedman has in mind may be a hindrance to the entailment of democracy. Secondly the paper deals with the explanation of why the common distinction between authoritarian rule and democratic rule is inconsequential for M Friedman’s general characterization of government.
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