Nikolas Second Post

Pic= (My youth group at Lifehouse Christian Church! Gotta love em!)
This is the blog regadring the Lecture if Week 2!

Hey its my second blog, the time is 10:45 pm and after working all day political economy still has not left my mind.
I'm really trying to understand the language of the text book. I know its one of the easier ones but that knowledge still does not help me understand it as quickly as I would like to.
After studying the definition of Political economy, which essentially describes it as the analysis and knowledge of ownership and control of economics. I think of it as the deeper meaning behind things.

I am understanding it in this way: The way that New Media Companies control their products and how they will deal with the rapid change of culture as a result of technological advancements

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The way in which new technologies are created by existing technologies. (Dialectic?) These technologies are created by the dialectic of of economical, social and political ideologies which create the dynamic of advancement and change.

I'm hoping this is all making sense...

This week Iv'e mainly been going through the chapters in the text book and learning about Capital which is the accumulation of value and Hegemony which is the domination of one social class by another... Mainly making the lower class feel as though they have it great when in fact the dominant class has it better.

Base, superstructure and mimetic mutation. All these were key points in the third chapter.

What the subject is teaching me so far is that, it is not the technologies themselves that change our society or become more advanced and 'new' but that it is as a result of our society, our political, cultural and social changes and views and advancements that technology is changing, and technology is far more than a new type of computer equipment. Plus I found the view interesting that there is no such thing as 'new' technologies because creating 'new' technologies has been around as long as the human race.

My post for week three is more centralized on one issue and hopefully will be more interesting to read. It isnt just a summary