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Palgrave Macmillan
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The Media, the Public and the Great Financial Crisis

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  • © 2019

Overview

  • An accessible overview of how mass media influenced public opinion on the Great Financial Crisis
  • Examines the role that the media placed in legitimising the UK's turn to austerity
  • Provides a more general illustration of the production, content and reception of news

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Table of contents (8 chapters)

Keywords

About this book

This book explores the impact of the print and broadcast media on public knowledge and understanding of the 2008 Great Financial Crisis. It represents the first systemic attempt to analyse how mass media influenced public opinion and political events during this key period in Britain's economic history. To do this, the book combines analysis of media content, focus groups with members of the public and interviews with leading news journalists and editors in order to unpack the production, content and reception of economic news.

From the banking crisis to the debate over Britain's public deficit, this book explores the key role of the press and broadcasting in shaping public understanding and legitimating austerity through both short and long term patterns of media socialisation.


Reviews

“An enormously impressive book... It will be of widespread interest to academics, students and concerned citizens across the western world.”  (Professor James Curran, Goldsmiths College, UK)

“Interesting and highly important...this book will be a must read for anyone who has an interest in the media today. ”  (Professor Simon Wren-Lewis, University of Oxford, UK)

“A book that explores two of the greatest media conundrums: how people are influenced by press and broadcasting outlets even when they say they distrust them; and how alternatives to the status quo are successfully marginalised.” (Roy Greenslade, Guardian, UK)

“Mike Berry’s incisive and meticulous study of the circumstances in which austerity came to dominate the media narrative, and his conclusions on the implications for future progressive governments in the UK, are essential reading for today’s left.” (Howard Reed, former chief economist, IPPR, UK)

“Indispensable for any full understanding of the recent and current history of British capitalism.” (Professor Peter Golding, Northumbria University, UK)

“If you want to know why we need to reform our media read this book. Through detailed empirical research of news production, news content and audience reception Berry reveals how the media were key to the public understanding of and attitudes towards the financial crisis. He reveals how a policy of austerity became acceptable and ultimately how the banks got away with it. A brilliant exposition of the weaknesses of economic journalism and how much we rely on it. Media power is interrogated and found to be alive and kicking.  How can the same practices be prevented in the future? Read this book and find out.” (Professor Natalie Fenton, Goldsmiths College, UK) 

Authors and Affiliations

  • Cardiff University, Cardiff, UK

    Mike Berry

About the author

Mike Berry is a Senior Lecturer in the School of Journalism, Media and Cultural Studies at Cardiff University, UK. His previous books include More Bad News from Israel (2011) and Terrorism, Elections and Democracy (2010) and he has produced research for organisations such as the BBC Trust, UNHCR, TUC and NSPCC.   

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