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Politics, Money and the New Media


 

DOLLAROCRACY: How the Money and Media Election Complex Is Destroying America by John Nichols and Robert W. McChesney

DIGITAL DISCONNECT: How Capitalism Is Turning The Iintenet Against Democracy. by Robert W. McChesney

The authors of these excellent books (and others of theirs) are continuing to bring back to life the vital 1966 analysis of Baran and Sweezy’s Monopoly Capital. In doing so, they are today setting models of their own with their own vigor and their own critiques. McChesney’s book takes a sharp focus on the Internet. The joint book of his and Nichols focuses on U.S. political economy as a whole (with a strong emphasis on the media. /1/

I begin with quotes from both books which show the way: First, from McChesney’s Digital Disconnect:

DOLLAROCRACY:

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In the Preface of this book, McChesney – hereafter “McC” — sets the dismal stage for what will follow:

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mso-bidi-font-family:"Times New Roman"”>Doug Dowd is an economic historian. His most recent book is Inequality and the Global Economic Crisis. He can be reached at [email protected]

Notes

1. McChesney and Nichols are both notably prolific social critics in their many other books and numberless articles. Often but not only, both often write for Monthly Review. As was the case for me, they have been much influenced by Baran and Sweezy; on which, a note: I had the good fortune to work with both Baran and Sweezy over time; Baran when both of us were teaching in the S.F. Bay Area;  Sweezy when he had me “teaching econ” to the Monthly Review staff, or later, .when I had him come to teach at Cornell (which ultimately led to him marrying my ex-wife Zirel who, understandably, fell for him.). 

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