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News Media and the Financial Crisis - How Elite Journalism Undermined the Case for a Paradigm Shift (Hardcover)
Loot Price: R1,478
Discovery Miles 14 780
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News Media and the Financial Crisis - How Elite Journalism Undermined the Case for a Paradigm Shift (Hardcover)
Series: Routledge Focus on Communication and Society
Expected to ship within 12 - 17 working days
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Total price: R1,488
Discovery Miles: 14 880
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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.
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