Political Economy Essay Example | Topics and Well Written Essays - 3750 words

Political Economy - Essay ExampleThe post World War II piece saw the mainstreaming of studies on pagan and creative industries as it was an absolute necessity to explore and grasp the changing nature of politics and economics in the developed countries.The end of the cold war marked the ancestry of a heathen turn in the globalized world. The worldwide dissemination of the values and attitudes of the West in general and the United States of the States in particular has been the focus of attention for not only academicians but also for ordinary community from across the world. There have been intense debates over the impact of globalization and the consequent transformations in the solid ground of culture from a number of conflicting standpoints. The idea of cultural imperialism has been particularly influential in the spirit of the profound transformations that are taking place in the sphere of culture. Regardless of the difference among these contesting perspectives on the e xposure of this cultural turn, there exists a consensus on the incredible role of global media as carrier of the precious changes pertinent to culture at both global and local levels. However, culture should no longer be perceived as a locally bounded whole way of life as the components of culture themselves have deeply changed. It has been suggested that culture should not be viewed as introverted, tied to place and inward looking as it employ to be in history. Rather, culture is seen as an outward-looking translocal learning process. The intangibility is one of the important factor in defining a cultural product or commodity. Certainly, the content of cultural commodities is immeasurable and cultural in nature. Here, cultural means that the use value of a cultural commodity is satisfying some of the mental, psychological needfully of a user in one way or another from a culturally dogged standpoint. Speaking from the opposite, a cultural commodity has no physical value apart fr om its ability to gratify disposed cultural tastes of a consumer. In broad terms, cultural industries are characterised by the production, creation, transmission, dissemination, registration, protection, participation and mass pulmonary tuberculosis of cultural and creative types of intangible and immeasurable contents, which are available in the market as fungible commodities or services. Globalisation represents not only the competitive distribution but also the co-operative sharing of cultural and creative goods. Cultural industries deal with the mechanisms of production, distribution and use of cultural goods. Laws and provisions concerning copyright and intellectual dimension rights are used to protect and ensure the value based exchangeability of such commodities and services in the marketplace. The term cultural industries denotes that culture is part of the economic sector. The state considerably regulates the cultural industry as a sector of economy but not without poli tical implications. Crafts, designs, printed and published materials, multimedia creations, pornographic