Aims • To look at the role that capitalism plays in the running of the major record labels in the modern day music industry, and to compare this with the way in which independent labels are run, i.e. understand the goals of the respective labels • To understand how the industry works and whether Marx idea of a worldwide monopolisation of capitalism can be defended. • To look at the future of the music industry after advance such as the internet and the resurgence of independent labels and what role capitalism will play in the years to come.