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Transcultural Political Economy

Transcultural Political Economy is a concept that is presented in Global Communications by Chakravartty and Zhao. This concept looks at global communications and media studies in three major areas: global flows of information and culture, decentralizing the conceptual parameters of global information and media studies, and the normative debates in global communications in the context of neoliberalism. Transcultural Political Economy is a multidisciplinary study that focuses on the tensions between political economy and cultural studies. It “integrate[s] institutional and cultural analyses and address urgent questions in global communications in the context of economic integration, empire formation, and the tensions associated with adapting new privatized technologies, neoliberalized and globalized institutional structures, and hybrid cultural forms and practices”. Transcultural Political Economy addresses the issues surrounding the practice of neoliberalism and its creation of unequal power structures within the world system.

Modernisation Theory

The theory of modernization was developed by Daniel Lerner (1958) in the “Passing of traditional society.” Lerner’s description of “modernised” is an individual having the ability to be empathetic and being able to see oneself in another person’s situation. This concept has come from the transition of traditional societies to modern societies, where modern societies is distinctively industrial, urban, literate, and participant. This theory looks at development in a linear fashion, concluding that nations need to develop into a modern society to make it a sustainable and flourishing nation. Developing modernized societies include technological advancement, and developing media sectors to help create a participatory culture.

Post-colonialism

See also Post-structuralism, imperialism, modernity,

Post-colonialism is the study of theory of literature that looks at the colonized-colonized experience. It deals with the adaptation of formerly colonized nations and their development in cultural, political, economical aspects. Some Notable theoreticians include:

1) Franz Fanton 2) Edward Said 3) Gayatri Spivak 4) R Siva Kumar 5) Dipesh Chakrabarty 6) Derek Gregory