Page 101 - Key Words in Religion Media and Culture
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84  David Chidester

             the  proliferation  of  cultural  meanings  within  a  conventional  economic
             framework, the cultural meanings of “economy” have dramatically expanded
             within recent cultural theory to such an extent that they cannot be so easily
             contained.
               Religion, mediating the transcendent and the sacred, ostensibly situated
             beyond  or  apart  from  these  economic  considerations,  is  intimately
             embedded  in  the  symbolic  and  material  economy  of  media,  culture,  and
             social relations. Though institutionalized as a separate domain in modern
             social arrangements, religion is a key word, or focusing lens, for directing
             our attention to productions, circulations, and contestations of transcendent
             claims and sacralizing practices that operate within any network of social
             relations. For the study of media and culture, this broader understanding
             of religion is crucial. It allows us to explore not only the ways in which
             religion,  organized  within  distinct  religious  institutions,  relates  to  media
             but the ways in which religion, as mythic traces of transcendence, ritualized
             practices of sacralization, and orientations in sacred time and space, might
             permeate  or  animate  a  cultural  field.  This  broader  but  also  rigorously
             theorized understanding of religion, which recognizes religion as mediation
             and media as incorporating discursive and ritualized practices of religion,
             fits the broader understanding of “economy” that has emerged in cultural
             analysis.
               Pierre  Bourdieu  wanted  to  develop  a  “political  economy  of  religion”
             that would advance “the full potential of the materialist analysis of religion
             without  destroying  the  properly  symbolic  character  of  the  phenomenon”
             (Bourdieu 1990: 36). The study of religion and media, however, necessarily
             requires us to attend to the dynamics of symbolic and material mediations
             within any economy that I call the “political economy of the sacred.”

             Expanding economy

             In  academic  analysis  and  ordinary  language,  the  key  word  economy
             continues on its long history of expansion to incorporate and encompass
             more and more of human life. In Greco-Roman antiquity, the term had a
             relatively small focus, referring to the management of a household. During
             the eighteenth century, however, with the rise of modern states, the term was
             redeployed to refer to the management of resources and the accumulation
             of wealth within a larger collectivity that Adam Smith called “the great body
             of the people.” Economy, in this sense, was political economy, the power
             relations within which a society “arranges to allocate scare resources with a
             view toward satisfying certain needs and not others” (A. Smith 1776: 161).
             Within  this  expanding  scope,  the  political  economy  of  capitalism  could
             be  described  as  a  system  for  the  production,  distribution,  exchange,  and
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