Global Media: The Missionaries of Global Capitalism

by Edward S. Herman, Robert Waterman McChesney

This text describes in detail the recent rapid growth and crossborder activities and linkages of an industry of large global media conglomerates. It also assesses the significance of the ongoing deregulation and convergence of the global media and telecommunications systems and the rise of the Internet. The authors argue that the most important features of this globalization process are the implantation, consolidation and concentration of an advertisement-based commercial media and parallel weakening of public broadcasting systems worldwide, with negative consequences on the public sphere.

Genres: Nonfiction, Politics

262 pages, Hardcover

First published June 1, 1997

About the author

Edward S. Herman was an economist and media analyst with a specialty in corporate and regulatory issues as well as political economy and the media. He was Professor Emeritus of Finance at the Wharton School of the University of Pennsylvania. He also taught at Annenberg School for Communication at the University of Pennsylvania. He received his Bachelor of Arts from University of Pennsylvania in 1945 and PhD in 1953 from the University of California, Berkeley.

-wikipedia