The Political Content of British Economic, Business and Financial Journalism
This book assesses the extent to which British news organizations gave exposure and credence to different political interpretations of economics and business news in the decade before the 2008 Financial Crisis. Through the content analysis of some 1,600 n
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The Political Content of British Economic, Business and Financial Journalism
Gary James Merrill
The Political Content of British Economic, Business and Financial Journalism A Deficit of Perspectives
Gary James Merrill University of Roehampton London, UK
ISBN 978-3-030-04011-6 ISBN 978-3-030-04012-3 (eBook) https://doi.org/10.1007/978-3-030-04012-3 Library of Congress Control Number: 2019932929 © The Editor(s) (if applicable) and The Author(s) 2019 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: © Alex Linch/shutterstock.com Cover design by eStudioCalamar This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Preface
In the years following the 2008 Financial Crisis, academics began to take closer interest in economic, business and financial (EBF) journalism. Traditionally, these areas of the news media had received little attention. But such was the impact, reach and severity of the Crisis that researchers were prompted to turn the spotlight onto these interrelated spheres. Many early works debated the role of journalism in the prelude to the Financial Crisis. Although there is some disagreement, particularly in the USA, the consensus among scholars and practitioners alike was that journalists somehow failed to sufficiently warn the public of looming danger. Some academics concentrated on the relationship between journalists and their sources, and British research revealed widespread reliance on corporate public relations (PR) which, by extension, meant sceptics and dissenters were given little opportunity to air their views. Other reasons given—typically by practitioners—for journalism’s inadequacies include: the rigidity of reporting beats; deficiencies in training; restrictions on ai
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