FULL TEXT: http://bnarchives.yorku.ca/463/

What Makes Hollywood Run? Capitalist Power, Risk and the Control of 
Social Creativity
by James McMahon
Unpublished PhD Dissertation, Graduate Program in Social and Political 
Thought, York University, November 2015

ABSTRACT

This dissertation combines an interest in political economy, political 
theory and cinema to offer an answer about the pace of the Hollywood 
film business and its general modes of behaviour. More specifically, 
this dissertation seeks to find out how the largest Hollywood firms 
attempt to control social creativity such that the art of filmmaking and 
its related social relations under capitalism do not become financial 
risks in the pursuit of profit. Controlling the ways people make or 
watch films, the thesis argues, is an institutional facet of capitalist 
power. Capitalist power—the ability to control, modify and, sometimes, 
limit social creation through the rights of ownership—is the foundation 
of capital accumulation. For the Hollywood film business, capitalist 
power is about the ability of business concerns to set the terms that 
mould the future of cinema.

The overall objective of Part I is to outline and rectify some of the 
methodological problems that obscure our understanding of how capital is 
accumulated from culture. Marxism stands as the theoretical foil for 
this argument. Because Marxism defines capital such that only economic 
activity can create value, it needs to clearly distinguish between 
economics and politics—yet this is a distinction it is ultimately unable 
to make. With this backdrop in mind, Part I introduces the 
capital-as-power approach and uses it as a foundation to an alternative 
political economic theory of capitalism. The capital-as-power approach 
views capital not as an economic category, but as a category of power. 
Consequently, this approach reframes the accumulation of capital as a 
power process.

Part II focuses on the Hollywood film business. It investigates how and 
to what extent major filmed entertainment attempts to accumulate capital 
by lowering its risk. The process of lowering risk—and the central role 
of capitalist power in this process—has characterized Hollywood’s 
orientation toward the social-historical character of cinema and mass 
culture. This push to lower risk has been most apparent since the 1980s. 
In recent decades, major filmed entertainment has used its oligopolistic 
control of distribution to institute an order of cinema based on several 
key strategies: saturation booking, blockbuster cinema and high-concept 
filmmaking.

[This thesis was nominated for the York University Dissertation Prize.]

FULL TEXT: http://bnarchives.yorku.ca/463/


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