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Building a Win-Win World by Hazel Henderson

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CHAPTER 5GOVERNMENT BY MEDIOCRACY AND THE ATTENTION ECONOMY

me·di·oc·ra·cy\mē-dē-′ä-krƏ-sē n : a new form of governance based on media as the nervous system of the new body politic (still not sufficiently analyzed by political scientists, pundits, or the media themselves).

at·ten·tion econ·o·my\Ə-′ ten(t)-shƏn i-’kä-riƏ-mē\ n : a form of economy associated with mediocracies, based on the production of information, entertainment, and other goods and services that compete with politicians and educators for the attention of individuals. Attention economies are the dominant sectors in mediocracies: movies, video and audio cassettes and CDs, TV and radio, books, magazines, computers and software, advertising, tourism, education, and politics. ...

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