Sunday 19 October 2008

It should happen to you; the new yorker

It Should Happen to You; the anxieties of YouTube fame.
by Ben Mcgrath October 16, 2006
The New Yorker


Everyone uses YouTube; some use it to check out videos, while some post their own videos. Stevie Ryan got fame through the site. She was just a simple girl, who moved to L.A. hoping to achieve fame. She started creating vintage-style silent films and posting them, but fairly soon she realized that that wasn’t what the people wanted to see, so she created Little Loca. Little Loca is an online diary she created, not about herself, but a fictional character. She became really popular, and achieved YouTube fame. Her YouTube fame eventually led to a role in the film “What is it?” YouTube was created in February 2005, and has become one of the fastest growing and most popular sites. It was originally designed to provide an easy interface for storing, sorting, and sharing the kinds of digital videos. It is really vulnerable to lawsuits, due to copyright issues, but its faithful community of users and bloggers are keeping it alive. More and more people are joining and posting videos, and the future for YouTube is looking good. It is definitely going to contribute to modern day media and creating some new people for the industry. Who knows, you might be the next YouTube star.

Wednesday 1 October 2008

One World

One World.
National economies are becoming more integrated, but are they really as integrated as said? We are also not sure if globalisation is good or bad yet, on the positive side people say that it has the potential of increasing living standards and that it can occur everywhere. Some worry though, that it might destroy jobs and decrease wages in rich economic countries due to competition with low wage developing countries, and it might cause economic disaster. 50 years before the First World War there was a period of globalisation, which ended by the First World War. It wasn’t until after the Second World War that is was revived again. The two elements that triggered this were technology and freedom (liberty).Globalization/integration is now clearly a big part of our society, but some say it is exaggerated. A good example of this is that all markets are more integrated within a nation then across its borders and the controlling of businesses and property across the national border still isn’t so big either (only makes up 6% of the total domestic investment). Even though at some point it is exaggerated, the world is indeed becoming more integrated and with new technology being created, it will probably increase. Will there be another backlash? Probably not, because this time the globalisation is set on better foundations and technology has become integrated into our lives, but who knows!

Globalisation Definitions

Globalisation definitions.

This article talks about what globalisation is; a movement that has shown that economics, business and therefore our livelihoods are becoming increasingly interdependent. There are five important factors that contribute to globalization; technology, multinational corporations (also known as transnational or international corporations, which work in more than one company. They have big influence and create employment, wealth and improve technology), conglomerate (companies are expanding to different markets, and creating more than one product), merger (the fusion/joining of two or more corporation, there are four different types; vertical, horizontal and extensional merger, and hostile takeover) and competition. At first governments were against companies controlling prices, but the big multinationals were so powerful that they were able to control prices. This is also known as monopoly, and is now generally accepted by most governments. Oligopolies are monopolies which are not supported by the state and privately controlled, these are rare though. Cartels (groups of corporations who work together to control the market in their advantage) are forbidden by law in many countries though.