Neoliberal policies on media regulation

The ideology that dominates our lives has, for most of us, no name.

Neoliberal policies on media regulation

Rex Features Imagine if the people of the Soviet Union had never heard of communism.

Neoliberal policies on media regulation

The ideology that dominates our lives has, for most of us, no name. Even if your listeners have heard the term before, they will struggle to define it. Its anonymity is both a symptom and cause of its power.

The Global Media and Imperialism

It has played a major role in a remarkable variety of crises: But we respond to these crises as if they emerge in isolation, apparently unaware that they have all been either catalysed or exacerbated by the same coherent philosophy; a philosophy that has — or had — a name.

What greater power can there be than to operate namelessly? Inequality is recast as virtuous. The market ensures that everyone gets what they deserve. So pervasive has neoliberalism become that we seldom even recognise it as an ideology.

But the philosophy arose as a conscious attempt to reshape human life and shift the locus of power. Neoliberalism sees competition as the defining characteristic of human relations.

It redefines citizens as consumers, whose democratic choices are best exercised by buying and selling, a process that rewards merit and punishes inefficiency. Attempts to limit competition are treated as inimical to liberty. Tax and regulation should be minimised, public services should be privatised.

The organisation of labour and collective bargaining by trade unions are portrayed as market distortions that impede the formation of a natural hierarchy of winners and losers.

Inequality is recast as virtuous: Efforts to create a more equal society are both counterproductive and morally corrosive. We internalise and reproduce its creeds.

The rich persuade themselves that they acquired their wealth through merit, ignoring the advantages — such as education, inheritance and class — that may have helped to secure it.

The poor begin to blame themselves for their failures, even when they can do little to change their circumstances. Never mind structural unemployment: Never mind the impossible costs of housing: Never mind that your children no longer have a school playing field: In a world governed by competition, those who fall behind become defined and self-defined as losers.

We are all neoliberals now. Among the delegates were two men who came to define the ideology, Ludwig von Mises and Friedrich Hayek. In The Road to Serfdom, published inHayek argued that government planning, by crushing individualism, would lead inexorably to totalitarian control.

It came to the attention of some very wealthy people, who saw in the philosophy an opportunity to free themselves from regulation and tax. When, inHayek founded the first organisation that would spread the doctrine of neoliberalism — the Mont Pelerin Society — it was supported financially by millionaires and their foundations.

They also financed academic positions and departments, particularly at the universities of Chicago and Virginia.

Neoliberal policies on media regulation

As it evolved, neoliberalism became more strident. Something else happened during this transition:The focus of attention in this chapter is on social media. The chapter argues that while social media has opened up new opportunities for people to become involved in ongoing discussions about social and political issues, it also individualises people’s involvement in such discussions.

For example, social media encourages people to draw on their own individual intangible personality traits. What the author goes on to describe as the centerpiece of Neoliberal policies is the “ call for commercial media and communication markets to be deregulated.” Before the ’s, national media systems were typically domestically owned stations.

Neoliberalism: Neoliberalism, Neoliberal ideology and policies became increasingly influential, leaders to reject the neoliberals’ insistence on maximally free markets and to call instead for greater government regulation of the financial and banking industries.

Tax and regulation should be minimised, public services should be privatised. Neoliberal policies are everywhere beset by market failures. which has argued forcefully in the media against. Tax and regulation should be minimised, public services should be privatised.

Where neoliberal policies cannot be imposed which has argued forcefully in the media against the further. Neoliberalism, Media and the Political examines the condition of media and journalism in neoliberal cultures. Emphasizing neoliberalism's status as a political ideology that is simultaneously hostile to politics, the book presents a critical theoretical argument supported by empirical illustrations.

Neoliberalism and the Media | Rethinking Prosperity