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Communication and Economic Life. Liz MoorЧитать онлайн книгу.

Communication and Economic Life - Liz Moor


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of symbolic interaction, it focuses on money, payments and price and shows that these have long functioned as ‘media’ for the communication of various feelings, affiliations and solidarities. This history is traced through strands of social scientific work, which help to explain why changes in these aspects of our economic lives are so consequential. In particular, monetary media hark back to the longstanding association between ‘communication’ and ‘communion’; the changes associated with the decline of cash, the rise of alternative currencies or the emergence of dynamic pricing all revive longstanding tensions between money’s power to generate collectivity (‘communion’) and its power to divide and exclude.

      Chapter 3 considers the role of promotion in shaping economic life. Promotion is typically associated with consumer culture and the matching of supply and demand, but the chapter shows that its role in our economic lives is much more wide-ranging. ‘Promotional’ communication is now a required element of many occupations other than retail (extending even to academics), and can be found in political speeches about the economy, central bank communications, and even economic theory. The chapter explores this extended scope of promotion, and shows, in the second half of the chapter, that the media of promotion are also often not quite what we think: contemporary promotion does not just flow through ‘big’ media and media institutions, but also through materials such as buildings, retail sites, credit cards and the behaviours and bodies of shop assistants. The chapter also considers the consequences of the fact that much promotional communication is either deliberately hidden or intended to sink into the unnoticed background of everyday life.

      Chapter 4 addresses a quite different communicative practice: ‘informing’. As a mode of discourse, informing is supposed to be open and uncoercive (Peters 1999). Similarly, the free flow of information – and its equal availability to all – is supposed to be central to the efficient functioning of markets as well as democracies (Schudson 2015). In this chapter I focus on the consequences of information abundance for online economies, and show that communication-as-information in fact constructs economic life in highly variable ways. On the one hand, both consumers and small businesses are advantaged by new types and volumes of information: it is easier to find information about goods and competitors; there are more opportunities for consumer ‘voice’ as well as ‘exit’; private aspects of our economic lives can be discussed in ways that are often highly beneficial; and exchange can sometimes be ‘re-personalized’ (Hart 2001). In many ways, information in our economic lives is a force for value plurality. At the same time, information is increasingly central to practices of concentration and control. Information about consumers is collected behind their backs automatically or semi-automatically, and is then sold and/or used to classify them in unknown but often highly consequential ways. ‘Informing’, in other words, is increasingly hidden from view and data is concentrated in the hands of a relatively small number of intermediaries who know how to interpret and deploy it. The chapter traces these developments before focusing in particular on the use of consumer information in digital marketing and online pricing.

      1  1 In addition to studies that focus on the reporting of the macro economy, finance, and so on, some scholars have considered the representation of business and entrepreneurship, particularly in ‘reality’ television formats. See, e.g., Couldry and Littler (2011) and Kelly and Boyle (2011).

      2  2 Coyle is not the first economist to raise questions about the value of GDP, either as a measure of ‘the economy’, or for understanding economic


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