Between Dec 19, 2024 and Jan 2, 2025, datasets can be submitted to DRUM but will not be processed until after the break. Staff will not be available to answer email during this period, and will not be able to provide DOIs until after Jan 2. If you are in need of a DOI during this period, consider Dryad or OpenICPSR. Submission responses to the UDC may also be delayed during this time.
 

Taking Back the Music: a study of capitalism, community, and social investment

2010-04-21
Loading...
Thumbnail Image

Persistent link to this item

Statistics
View Statistics

Journal Title

Journal ISSN

Volume Title

Title

Taking Back the Music: a study of capitalism, community, and social investment

Published Date

2010-04-21

Publisher

Type

Scholarly Text or Essay

Abstract

In our current environment of financial upheaval and fundamental economic reconstruction and reconsideration, it is paramount that previously overlooked models and means of operation are addressed and explored thoroughly in an attempt to find a more stable, productive, and balanced system within which to build a new economic base. Since the most recent collapse of the global financial system - operating mainly under the ideologies of free-market capitalism - many scholars and experts in economic and anthropological fields have begun to place emphasis on the merits of local economies and community value systems. Then the question becomes: as the fundamental ideologies of the rational individual and the self-regulating free market - viewed as normative within economics over the last century - are shaken and questioned, how can we reconstitute the necessary community values and cultural structures into the landscape of market economy in order to provide a new base focused on mutual stability and sustainability? In an attempt to provide a set of models by which to explore these alternative economic systems, I have spent the last eight months researching two dialectic models of economy with quite different philosophies and value systems. 89.3 The Current, a radio station operating under Minnesota Public Radio, is a member-supported station with a mission statement to share music without commercial advertisement, and to support and strengthen the culture of local music in Minneapolis. Clear Channel is an expansive and commercially-supported for-profit corporation in the business of radio, with a mission statement to provide maximum returns for shareholders. Between these institutions is born a dialogue through which we may explore the responsibilities, successes, shortfallings, and concerns of two existent economic systems. Both are fallible and lend themselves to academic criticism. However, I hypothesize that considering what we have learned of the structural failings and reckless expansionism of private corporations with dominantly financial motives, a locally-invested and multi-faceted communal institution such as the Current will prove to be more stable and sustainable through changing economic environments.

Description

Additional contributor: Karen Ho (faculty mentor)

Related to

Replaces

License

Series/Report Number

Funding information

Isbn identifier

Doi identifier

Previously Published Citation

Other identifiers

Suggested citation

O'Neil, Alan. (2010). Taking Back the Music: a study of capitalism, community, and social investment. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/90928.

Content distributed via the University Digital Conservancy may be subject to additional license and use restrictions applied by the depositor. By using these files, users agree to the Terms of Use. Materials in the UDC may contain content that is disturbing and/or harmful. For more information, please see our statement on harmful content in digital repositories.