Re: Re: : Markets and Diversity

[Doug Henwood <dhenwood@xxxxxxxxx>]

Bill Lear wrote:

> On Monday, June 3, 2002 at 14:39:44 (+0000) Justin Schwartz writes:
> > [Doug Henwood writes:]
> > > Bourdieu argues in his book On Television
> > > <http://www.leftbusinessobserver.com/Why_TV_sucks.html> that
> > > competition produces sameness, not diversity.
> > >
> > > Doug
> >
> > What's his reasoning? Or is it just an observation? I would expect it to
> > depend on the circumstances. jks
>
> It is also highly dependent upon what definition of "competition" one
> uses, n'est-ce pas?
>
> If by "competition", Bourdieu means modern Western state-supported
> large- (very) and small- firm market mechanisms, that's one thing.  If
> he means classic individualistic competition which drives prices to
> approach marginal costs, that's entirely another thing.

He was talking about the modern media system, with many outlets
competing for eardrums and eyeballs.

Doug