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2016 | OriginalPaper | Buchkapitel

3. The Political Economy of Social Media

verfasst von : Petros Iosifidis, Mark Wheeler

Erschienen in: Public Spheres and Mediated Social Networks in the Western Context and Beyond

Verlag: Palgrave Macmillan UK

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Abstract

The rise of social media has been associated with concerns regarding concentration of power, corporatism and commercialism, censorship, electronic surveillance, data protection and privacy. There seems to be a gap between the ability of social media to mobilise people and their ability to initiate and maintain meaningful debate. This chapter provides a political economy analysis, with a focus on market and regulatory issues, to understand the implications of social media for power structures in society. We conclude that community expectations concerning privacy, fairness, accuracy and transparency in social media’s reporting of news and information remain a crucial issue that requires policing.

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Titel: The Political Economy of Social Media
verfasst von: Petros Iosifidis
Mark Wheeler
Verlag: Palgrave Macmillan UK
Buch: Public Spheres and Mediated Social Networks in the Western Context and Beyond
Print ISBN: 978-1-137-41029-0

Electronic ISBN: 978-1-137-41030-6

Copyright-Jahr: 2016
DOI: https://doi.org/10.1057/978-1-137-41030-6_3