%0 Book Section
%T Economic Paradigms in the EU and their Relation to Public Service Media
publisher Routledge (Taylor & Francis)
%D 2015
%U 978-1-138-01785-6 (hbk)
%U 978-1-138-02068-9 (pbk)
%U 978-1-315-72229-0 (ebk)
%@ https://hdl.handle.net/20.500.14352/101396
%X The extent to which the State has developed influence over the market and its participants throughout modern history manifests itself in different aspects. In this context, the State uses its political authority to decide “who can obtain what and how” in a society (Popper 1945, p. 172). Here, what refers to economic resources but also to rights and obligations, while how makes reference to the legal aspects that give certainty and promote compliance with contracts. There- fore, the definition of the role a State plays, both regarding the economy as well as participation in the economic and social spheres of activity is determined by the way in which power structures have defined the division of labour among its different institutional levels (Popper 1945, p. 300).From a non-orthodox point of view, the State and the market grapple in a hostile battle over the definition of public and private interests. In this dispute, the intervention of the State is justified with the argument that it cannot remain idle when the natural tendency of the market is to favour the interests of only a few actors (Hirschman 2002, p. ix). In the case of the media, especially in Europe, the participation of the State in the media market becomes visible.
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