Greetings Economists,
On Mar 24, 2009, at 6:12 PM, Carrol Cox wrote:

These response are not incompatible with my query and provisional
respnse. They describe what the movie (book, etc) does for the
viewer/reader privately. That is fine, & in fact Any response in these
terms is acceptable. Can one respond to the question in terms of the
social order?

Doyle;
Ignoring the focus on 'movies', the question in an economic sense currently is whether or not content is 'interactive'. Interactivity spawns 'networking content' in media. Quoting from the NY Times;

March 23, 2009
Denis Dyack of Silicon Knights on how cloud computing will impact games
By DENIS DYACK, VentureBeat
..."Anyone who creates videos games understands that its key differentiator from other entertainment media is its interactivity. Video games are non-linear entertainment in the sense that traditional narratives, as in film, novels and television, are always experienced in predetermined sequence, and repeat experiences are the same in structure. While with video games one cannot predict the order of events because of interactivity.? Therefore,? traditional mediums are, by contrast, linear entertainment.

Technology is commoditizing the value of traditional linear entertainment towards zero. Soon, all of these traditional media forms — books, movies, TV, even music — will have little or no value as commodities.? This is a fundamental economic shift, and we should be ready for a decline of these traditional industries to a fraction of their former selves. These declines will be more severe than that of the auto industries, because today we still cannot download cars (we are not living in sci-fi author Neal Stephenson’s Diamond Age, where even diamonds can be reproduced as commodities, yet)."...

Doyle;
Asking what a book/novel does, or movie has to be asked in terms of what Denis Dyack maintains above. Otherwise the 'value' of a single book in the 'printing mode' of culture miss leads us about 'value' social meaning, private meaning et al. In other words the value of Wikipedia over a commercial encyclopedia is...?

Or as Dyack refers above to the 'single' commodity object of a culture production process. An object fits in a re-use value interactivity network of internet connectivity so to speak. Something measurable in some sense about what a cultural object does outside of private pleasures. Perhaps always present but not for technical reasons important in creating value in a commodity during the 'printing' copying era of media production and consumption.
thanks,
Doyle Saylor_______________________________________________
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