Abstract

Review: Lee Grieveson, Cinema and the Wealth of Nations: Media, Capital, and the Liberal World System

Highlights

  • The title references The Wealth of Nations by Adam Smith, first published in 1776, containing the basic principles that later defined liberal capitalism. The author parallels this political ideology with the development of cinema and accompanying media, both emerging at a moment in which power dynamics were gradually shifting from a British imperial dominance to an American trade hegemony

  • While most of the book centres on American and British cases, Grieveson is careful to include examples from Asia, Africa, and Latin America, as a means to emphasize the scale of influence of liberal capitalism, a philosophy inevitably linked to foreign policy

  • The idea of cinema fuelling capital-driven progress is reinforced by Grieveson, this time concentrating on the narratives propagated through these networks, studied in Chapter 6 (“The Work of Film in the Age of Fordist Mechanization”) and 7 (“The Pan-American Road to Happiness and Friendship”)

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Summary

Introduction

Capital, and the Liberal World System By Lee Grieveson University of California Press, 2018 Reviewed by Maria Fernanda Miño Puga, University of St Andrews The author parallels this political ideology with the development of cinema and accompanying media (radio and television), both emerging at a moment in which power dynamics were gradually shifting from a British imperial dominance to an American trade hegemony.

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