Asset Management. Because most corporations have been prospering and the availability of money or credit was reasonably easy, many corporations failed to recognize some weaknesses and opportunities in their monetary strategy. As several corporations have witnessed firsthand more than the past year, lending institutions are requiring really robust balance sheets in order to even be considered for a new loan or line of credit.
Below such conditions, journalistic norms can hardly be anticipated to stem the commercial tide. Contemporary industrial journalism is basically a mix of crime stories, celebrity profiles, customer news pitched at the upper middle class, and warmed over press releases. Bookstores are filled with dispirited reports by former editors and journalists bemoaning the brave new globe of corporate journalism. Journalist unions are incredibly significant in this regard, by defending journalistic norms from the industrial interests of the owners. But without other measures to weaken corporate media energy, unions are not most likely to be in a position to resist pressures from the current media system.
Physiologically, man in the typical use of technologies )or his variously extended physique) is perpetually modified by it and in turn finds ever new techniques of modifying his technologies. Man becomes, as it were, the sex organs of the machine world. As the bee of the plant world, enabling it to fecundate and to evolve ever new types, the machine planet reciprocates man’s love by expediting his wishes and desires, namely in delivering him with wealth.
Moreover, following McLuhan, Baudrillard interprets modernity as a process of explosion of commodification, mechanization, technologies, and industry relations, when postmodern society is the website of an implosion of all boundaries, regions, and distinctions amongst high and low culture, appearence and reality, and just about each other binary opposition maintained by standard philosophy and social theory. In addition, while modernity could be characterized as a process of escalating differentiation of spheres of life (Max Weber as interpreted by Habermas), postmodernity could be interpreted as a process of de-differentiation and attendent implosion.
He tells me that the complete process of continually automating far more of his operate has had absolutely no impact on his productivity or the profitability of his enterprise. Why? Since the precise identical technology in the hands of government has enabled government to exert increasingly onerous restrictions and regulatory needs on his company.