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102  Critical investigations in political economy

             power of media professionals. CPE analysis must show the ways in which different
             organisational arrangements and cultures of media work influence activities.
             Such detailed attention to media work is needed since the accounts of media
             work that have emerged in recent years have not always pursued either the
             macro analytical frameworks or criticality of political economy.

             Network analysis and control

             There are tensions between instrumental and structural accounts of media owner-
             ship. Instrumentalist accounts focus on owner behaviour and pursue a critique of
             intervention, ideology and the consequences of the pursuit of political and com-
             mercial interests. Structuralist accounts relocate agency to the dynamics of market
             competition. In one the promotion of capitalism arises from ideological affiliation;
             in the other it arises from the market imperatives and networking of firms. Both
             accounts have salience and help identify processes. Yet they also replicate problems
             in conceptual formulations of structure and agency that are irresolvable. There
             have been efforts to overcome structure–agency problematics in network analysis.
             For actor–network theory (ANT) sociology should be redefined as the study of
             network associations (Latour 2005: 5). Arsenault (2012: 102) proposes a ‘network
             political economy approach’ whose ‘primary focus of analysis is on the processes,
             programs, and structures that constitute a given network rather than capital or
             markets’. There are a number of valuable features of this approach. It shifts the
             focus from traditional ‘global media’ content businesses to examine how the core
             communications system comprises complex networking relationships between
             multinational companies. It brings greater attention to telecoms- and computing-
             based groups within the core communications system. It highlights that digitalisation
             aids the production of diverse content. It proposes that to understand power we must
             recognise not only the control of big corporations but also the ‘creative capacity of
             new producers’ (Mastrini and Becerra 2012: 69). Conceptions of structure and
             agency are recast. Network linkages may take many forms including interpersonal
             interactions, but also strategic corporate alliances and flows of information
             between and within groups. A focus on network relations also grants ‘equal, if
             not greater, significance to the processes of collaboration between actors’
             (Arsenault 2012: 103) rather than traditional CPE focus on competition and
             consolidation. The network approach

                sees power as embedded in networks rather than something that is a function
                of corporate hierarchies.
                [ … ]

                Power is thus not necessarily concentrated within any single company
                but embedded in the processes of association between key nodes in the
                network.
                                                            (Arsenault 2012: 103)
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