News Media and the Financial Crisis

How Elite Journalism Undermined the Case for a Paradigm Shift
1. Auflage 2024
ISBN: 978-1-032-01264-3
Verlag: Taylor & Francis

Buch, Englisch, 140 Seiten, Format (B × H): 140 mm x 216 mm, Gewicht: 172 g

Reihe: Routledge Focus on Communication and Society

This book explores how leading news media responded to the 2008 financial crisis and its aftermath, showing how journalists regularly framed discussions about post-crisis regulatory reform in ways that reinforced the same market liberal policy paradigm that had ushered in the crisis.

Drawing on an analysis of nearly three years of news coverage and on interviews with journalists who covered the financial crash for major media groups, Adam Cox demonstrates how this framing of issues, often focusing on the costs of tighter regulation rather than the preventive benefits, formed the basis of a post-crisis narrative in the United States that undermined the role of the state, despite the wreckage that had just occurred. He looks at how state actors, think tanks and the financial industry worked in concert to encourage such a narrative, ultimately lending support to a market liberal worldview that was being seriously challenged for the first time in decades. While highlighting journalists’ ability to resist agenda-building efforts by powerful actors, this book offers a methodology for considering media narratives based on quantitative analysis of framing patterns.

News Media and the Financial Crisis is aimed at students and researchers working at the intersection of communications, journalism, political economy and public policy.

Zielgruppe

Academic, Postgraduate, and Undergraduate Advanced

Autoren/Hrsg.

Cox, Adam

Fachgebiete

• Sozialwissenschaften Soziologie | Soziale Arbeit Spezielle Soziologie Mediensoziologie
• Sozialwissenschaften Medien- und Kommunikationswissenschaften Medienwissenschaften Journalismus & Presse
• Sozialwissenschaften Medien- und Kommunikationswissenschaften Kommunikationswissenschaften

Inhaltsverzeichnis

1. Putting post-crisis journalism in perspective 2. Market liberalism on display: Regulatory coverage before the crisis 3. Framing the past: The crisis blame game 4. Framing the future: The consequences of regulation 5. An absent debate: The intersection of high finance and morality 6. Charting a way forward

Über Autor(innen)

Adam Cox is a Senior Lecturer at the University of Roehampton, where he teaches classes on journalism practice and theory. Before working in academia, he was a journalist. His career included a 20-year stint with Reuters, where he held several senior editorial roles in Europe and Asia. He has covered many of the biggest financial stories of the past 30 years, including the European currency turmoil of 1992–1993, the launch of the euro and the 2008 financial crisis.