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The Discourse of Financial Crisis and Austerity

The Discourse of Financial Crisis and Austerity PDF Author: Darren Kelsey
Publisher: Routledge
ISBN: 1351984993
Category : Social Science
Languages : en
Pages : 142

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Book Description
This book demonstrates the importance of understanding how political rhetoric, financial reporting and media coverage of austerity in transnational contexts is significant to the communicative, social and economic environments in which we live. It considers how aspects of moral storytelling, language, representation and ideology operate through societies in financial crisis and through governments that impose austerity programmes on public spending. Whilst many of the debates covered here are concerned with UK economic policy and British social contexts, the contributions also consider examples from other countries that reflect similar concerns on the ideological operations of austerity and financial discourse. The multiple discursive contexts of austerity demonstrate the breadth of social concerns and conflicts that have developed in societies and institutions following the global economic crisis of 2008. Through its interdisciplinary focus on this topic, this book provides an important contribution across multiple subject areas, with shared interests in critical and analytical approaches to discourse, power and language in social contexts reflecting the healthy collaborative scope of critical discourse studies as a field of research. This book was originally published as a special issue of Critical Discourse Studies.

The Discourse of Financial Crisis and Austerity

The Discourse of Financial Crisis and Austerity PDF Author: Darren Kelsey
Publisher: Routledge
ISBN: 1351984993
Category : Social Science
Languages : en
Pages : 142

View

Book Description
This book demonstrates the importance of understanding how political rhetoric, financial reporting and media coverage of austerity in transnational contexts is significant to the communicative, social and economic environments in which we live. It considers how aspects of moral storytelling, language, representation and ideology operate through societies in financial crisis and through governments that impose austerity programmes on public spending. Whilst many of the debates covered here are concerned with UK economic policy and British social contexts, the contributions also consider examples from other countries that reflect similar concerns on the ideological operations of austerity and financial discourse. The multiple discursive contexts of austerity demonstrate the breadth of social concerns and conflicts that have developed in societies and institutions following the global economic crisis of 2008. Through its interdisciplinary focus on this topic, this book provides an important contribution across multiple subject areas, with shared interests in critical and analytical approaches to discourse, power and language in social contexts reflecting the healthy collaborative scope of critical discourse studies as a field of research. This book was originally published as a special issue of Critical Discourse Studies.

Discourse Analysis and Austerity

Discourse Analysis and Austerity PDF Author: Kate Power
Publisher: Routledge
ISBN: 1351802925
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
In the immediate aftermath of the global financial crisis of 2008, governments around the developed world coordinated policy moves to stimulate economic activity and avert a depression. In subsequent years, however, cuts to public expenditure, or austerity, have become the dominant narrative in public debate on economic policy. This unique collaboration between economists and linguists examines manifestations of the discourses of austerity as these have played out in media, policy and academic settings across Europe and the Americas. Adopting a critical perspective, it seeks to elucidate the discursive and argumentation strategies used to consolidate austerity as the dominant economic policy narrative of the twenty-first century.

The Media and Austerity

The Media and Austerity PDF Author: Laura Basu
Publisher: Routledge
ISBN: 1351714783
Category : Social Science
Languages : en
Pages : 268

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Book Description
The Media and Austerity examines the role of the news media in communicating and critiquing economic and social austerity measures in Europe since 2010. From an array of comparative, historical and interdisciplinary vantage points, this edited collection seeks to understand how and why austerity came to be perceived as the only legitimate policy response to the financial crisis for nearly a decade after it began. Drawing on an international range of contributors with backgrounds in journalism, politics, history and economics, the book presents chapters exploring differing media representations of austerity from UK, US and European perspectives. It also investigates practices in financial journalism and highlights the role of social media in reporting public responses to government austerity measures. They reveal that, without a credible and coherent alternative to austerity from the political opposition, what had been an initial response to the consequences of the financial crisis, became entrenched between 2010 and 2015 in political discourse. The Media and Austerity is a clear and concise introduction for students of journalism, media, politics and finance to the connections between the media, politics and society in relation to the public perception of austerity after the 2008 global financial crash.

Resisting Austerity

Resisting Austerity PDF Author: Cristina Flesher Fominaya
Publisher: Routledge
ISBN: 1351346644
Category : Social Science
Languages : en
Pages : 170

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Book Description
Following the subprime lending crisis and the financial market crash of 2008-9, governments throughout Europe implemented a series of debt reduction measures collectively known as austerity. Across the continent, citizens and social movements mobilized dramatically against these measures, calling strikes, occupying public squares, and developing new forms of political action. These movements challenged the political and economic elite consensus that there was no alternative to cutting spending, and protecting the financial industry at the expense of the public sector; they also challenged the political systems that gave rise to these measures and assumptions, demanding democratic renewal, and imagining new modes of citizenship and political participation. In order to better understand this wave of protest – its common themes, its local contexts, its ideas and its actions – this collection brings together leading scholars in the field to provide a series of theoretically grounded, empirically rich analyses of Europe's anti-austerity mobilizations. This book was originally published as a special issue of Social Movement Studies.

Framing Austerity

Framing Austerity PDF Author: Aileen Marron
Publisher: Rowman & Littlefield
ISBN: 1786611066
Category : Social Science
Languages : en
Pages :

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Book Description
This monograph examines the ways in which discourses on the public sector were articulated in the print media during the 2011 financial crisis in the Irish, UK and European news media. It finds that coverage of the public sector was ideological, portraying public sector workers as overpaid, inefficient, and sheltered from the worst of the crisis. These explanations perpetuated the view that there was a need for austerity through cutbacks to public services and public sector pay. The central thesis is that these representations must be understood as being part of the complex organisational culture of the newsroom. Additional themes explored in the book include but are not limited to: Media ownership concentration and journalistic self-censorship. The marketisation of news and its impact on journalistic practice. The casualisation of the newsroom. The fourth estate function of the media. The discourse of austerity. Neoliberalism as a dominant ideology. Reflexivity in the newsroom. The crisis of credibility in journalism. Media portrayals of The “Looney” Left versus the “Reasonable” Right.

The "eternal Character" of Austerity Measures in European Crisis Policies

The Author: Stephan Pühringer
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
The European Fiscal Compact (FC) entered into force by 1 January, 2013 in 25 EU Member States. With the ratification the signatory countries commit significant parts of their budget to the European Commission and the European Court of Justice, which indicates a shift of power from legislative to executive authorities and the judiciary. In the aftermath of the economic crisis there can be observed a strong tendency to interpret the financial and economic crisis mainly as a sovereign debt crisis without any connection to the preceding crisis. This is reflected in several recommendations, which limit the scope of political decision-making in order to "calm financial markets". Applying an analysis of the public discourse about FC in three leading Austrian newspapers from December 2011 (the initial debate at an EU Summit) to July 2012 (the ratification in the Austrian parliament), the dominant rationale as well as legitimization and argumentation patterns will be examined. The methodology adopted in the article is based on a combination of critical discourse analysis and conceptual metaphor theory in order to illustrate the effectiveness of marketradical thinking of specific economic elites in public discourse. It can be shown that the public discourse about economic policies yet in a time of a potential "crisis of economics" is still dominated by economic ideas or "economic imaginaries" (implicitly) preferring austerity measures to active fiscal policies.

Austerity: A Journey to an Unknown Territory

Austerity: A Journey to an Unknown Territory PDF Author: Roland Sturm
Publisher: Nomos Verlag
ISBN: 3845281723
Category : Political Science
Languages : en
Pages : 306

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Book Description
Austerität ist ein bis heute heiß diskutiertes Thema. Es kann keineswegs auf staatliche Ausgabenkürzungen reduziert werden, sondern ist vielmehr ein komplexes Terrain, das sich über wirtschaftliche, politische und kulturelle Dimensionen erstreckt. Einige Beobachter sprechen deshalb von einem "Age of Austerity". Strittig bleiben jedoch die Ursachen und Wirkungen dieses zentralen Phänomens unserer Zeit. Während Befürworter Austerität als rationalen Weg zurück zu fiskalischer Nachhaltigkeit und wirtschaftlichem Wachstum verstehen, sehen Kritiker in Austerität eine gefährliche neoliberale Idee, die "beißt" oder sogar "tötet". Um der Komplexität der Austeritätslandschaft wie auch der unterschiedlichen wissenschaftlichen "Stämme", die diese bearbeiten, gerecht zu werden, wählt der Band eine Kombination von sprach-, wirtschafts- als auch politikwissenschaftlichen Zugängen. Gerade diese Verbindung erlaubt einen innovativen Weg durch das immer noch weitestgehend unbekannte Land der Austerität. Mit Beiträgen von Philipp Adorf, Christoph Bruckmüller, Constantine Dimoulas, Vassilis K. Fouskas, Brian Girvin, Klaus Gretschmann, Tim Griebel, Reiner Grundmann, Bob Jessop , Kim-Sue Kreischer, Sabina Monza, Wolfram Ridder, Mike Scott, Roland Sturm, Erik Vollman, Claudia Wiesner und Thorsten Winkelmann.

Beyond Liquidity

Beyond Liquidity PDF Author: Brad Pasanek
Publisher: Routledge
ISBN: 1317979990
Category : Business & Economics
Languages : en
Pages : 144

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Book Description
‘Liquidity’, or rather lack of it, lies at the heart of the ongoing global financial crisis. In this collection of essays, the metaphor of money as liquidity, and the model of crisis it entails, is deliberated by a range of scholars from economics, history, anthropology, literature, and sociology. This volume offers a rhetorical explanation of the social, cultural, and historical contexts in which metaphors of money are produced, circulate, and fail. These essays, first presented at "After the Crash, Beyond Liquidity," a conference on money and metaphors held at the University of Virginia, USA, in October of 2009, were drafted in the wake of global uncertainty, TARP bailouts, the Great Recession, programs of stimulus and austerity, and recurrent threats of sovereign default in the EU. They question the language of liquidity and flows that is characteristic of everyday business, exposing what metaphors of money hide and explaining why the idea of liquidity has proved so durable. This book was originally published as a special issue of the Journal of Cultural Economy.

Multimodal Approaches to Media Discourses

Multimodal Approaches to Media Discourses PDF Author: Tim Griebel
Publisher: Routledge
ISBN: 1000097927
Category : Language Arts & Disciplines
Languages : en
Pages : 206

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Book Description
Multimodal Approaches to Media Discourses brings together contributions from an interdisciplinary group of scholars on corpus-assisted analyses of multimodal data on austerity discourses in the United Kingdom, which extend and expand on the understanding of austerity but also of the methodologies used to analyse multimodal corpora. The volume demonstrates how the austerity measures introduced in response to global economic and financial crises in recent years can be viewed as being more complexly layered than they appear, not simply reduced to their connections to spending cuts and fiscal debt. The book employs an innovative methodological approach, in which established and emerging scholars from linguistics and computational and social sciences critically reflect on the exact same set of data – multimodal texts and articles from The Guardian and The Daily Telegraph from 2010 to 2016. This framework allows for the exploration of the role of the media in mediating the public’s assessment of austerity and the ideas, actors, emotions, geographies and broader material context which contribute to such perceptions. In so doing, the volume also offers unique insights into systematic analyses to multimodal data which may be applied to other topics and connected with other disciplines. Enhancing our awareness and assessment of austerity in public discourse and of the methodologies to study it, this book is key reading for students and researchers in discourse analysis, corpus linguistics, multimodality, and those working at the intersection of these fields.

Austerity

Austerity PDF Author: Bryan M. Evans
Publisher: University of Toronto Press
ISBN: 1487522037
Category : Economic policy
Languages : en
Pages : 358

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Book Description
Bryan M. Evans, Stephen McBride, and their contributors delve further into the more practical, ground-level side of the austerity equation in Austerity: The Lived Experience. Economically, austerity policies cannot be seen to work in the way elite interests claim that they do. Rather than soften the blow of the economic and financial crisis of 2008 for ordinary citizens, policies of austerity slow growth and lead to increased inequality. While political consent for such policies may have been achieved, it was reached amidst significant levels of disaffection and strong opposition to the extremes of austerity. The authors build their analysis in three sections, looking alternatively at theoretical and ideological dimensions of the lived experience of austerity; how austerity plays out in various public sector occupations and policy domains; and the class dimensions of austerity. The result is a ground-breaking contribution to the study of austerity politics and policies.