Economic Inequality and News Media

Economic Inequality and News Media
Title Economic Inequality and News Media PDF eBook
Author Andrea Grisold
Publisher Oxford University Press
Pages 248
Release 2020-08-31
Genre Language Arts & Disciplines
ISBN 0190053925

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Economic inequalities have become increasingly prominent in public debate in the last decade as sluggish economic growth, declining or stagnant incomes, high unemployment, and state policy regimes orientated towards austerity dominate many core capitalist regions, often with extreme turbulence in the political arena. Debate over these issues unfolds in both the public sphere and within the academy, with the conversation developing from two disciplinary areas in particular: economics and political economy, and journalism and communication studies. Economic Inequality and News Media brings these fields together. In this interdisciplinary volume, Andrea Grisold and Paschal Preston build on a unique multi-country research project exploring how news media cover and frame issues of economic inequality. Taking media coverage of Thomas Piketty's best-selling Capital in the Twenty-First Century as a case study, this book addresses important blind-spots in the relationship between mainstream media and economics. It interrogates both the failure of economists' to engage with the evolving role of the media as well as journalists' tendency to overlook key aspects of economic processes and power that are politically relevant and of public interest. Grisold and Preston tackle this disconnect and argue for a multi-disciplinary approach in which they acknowledge the crucial role the mass media plays in creating and disseminating economic information. The book explores important questions such as: How do new forms of economic inequality, power, and privilege relate to prevailing theories and conceptualizations of the media? What roles do new trends and forms of economic inequality play in the typical narratives of mediated communication? How do we construct the story of inequality? This eye-opening and transdisciplinary book sheds new light not only on the relation between news media and economic inequality, but also on economic issues more broadly. In an evolving world experiencing the rise of ultra-nationalism, populism, and rampant economic uncertainty, Economic Inequality and News Media is a crucial investigation of the nuances of economic news media.

News for the Rich, White, and Blue

News for the Rich, White, and Blue
Title News for the Rich, White, and Blue PDF eBook
Author Nikki Usher
Publisher Columbia University Press
Pages 232
Release 2021-07-06
Genre Language Arts & Disciplines
ISBN 0231545606

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As cash-strapped metropolitan newspapers struggle to maintain their traditional influence and quality reporting, large national and international outlets have pivoted to serving readers who can and will choose to pay for news, skewing coverage toward a wealthy, white, and liberal audience. Amid rampant inequality and distrust, media outlets have become more out of touch with the democracy they purport to serve. How did journalism end up in such a predicament, and what are the prospects for achieving a more equitable future? In News for the Rich, White, and Blue, Nikki Usher recasts the challenges facing journalism in terms of place, power, and inequality. Drawing on more than a decade of field research, she illuminates how journalists decide what becomes news and how news organizations strategize about the future. Usher shows how newsrooms remain places of power, largely white institutions growing more elite as journalists confront a shrinking job market. She details how Google, Facebook, and the digital-advertising ecosystem have wreaked havoc on the economic model for quality journalism, leaving local news to suffer. Usher also highlights how the handful of likely survivors—well-funded media outlets such as the New York Times—increasingly appeal to a global, “placeless” reader. News for the Rich, White, and Blue concludes with a series of provocative recommendations to reimagine journalism to ensure its resiliency and its ability to speak to a diverse set of issues and readers.

News Discourse and Power

News Discourse and Power
Title News Discourse and Power PDF eBook
Author Henry Silke
Publisher Taylor & Francis
Pages 169
Release 2021-03-21
Genre Language Arts & Disciplines
ISBN 1000356396

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The issue of socio-economic inequality has become an increasingly important question for journalism and the academy. The 2008 economic crisis and the years of austerity which followed exasperated class and regional division and as an even greater economic shock emerges from the aftermath of the Covid 19 pandemic, the role of journalism and the wider media in the production and reproduction of inequality assumes greater importance. This edited collection includes eight chapters examining instances of where inequality is examined in the media, for example coverage of Thomas Piketty, precarity, corporate tax rates and race-, class- and gender-related issues, in order to address the following questions: Does journalism treat the issue of inequality in a satisfactory fashion? Does journalism challenge powerful interests, or does journalism play an ideological role in the reproduction of structures of inequality itself? How do increasingly poor working conditions of journalists impact on the coverage of inequality? The chapters in this book were originally published as a special issue of the Critical Discourse Studies journal.

Economic Inequality and News Media

Economic Inequality and News Media
Title Economic Inequality and News Media PDF eBook
Author Andrea Grisold
Publisher Oxford University Press, USA
Pages 277
Release 2020
Genre Business & Economics
ISBN 0190053909

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"Despite the rediscovery of the inequality topic by economists as well as other social scientists in recent times, relatively little is known about how economic inequality is mediated to the wider public of ordinary citizens and workers. That is precisely where this book steps in: It draws on a cross-national empirical study to examine how mainstream news media discuss, respond to, and engage with such important and politically sensitive issues and trends. Clearly, economic inequalities have become increasingly prominent issues in recent public debates, not least in the context of the latest Great Recession that followed from the financial crash in 2007, and attendant austerity regimes in many countries. This holds true for the debate in the wider public sphere as well as in many fields of academic study, not least in the two specific disciplinary areas most related to this book: political economy and media and journalism studies. Yet, in precisely those two academic fields we find important and parallel 'blindspots' which underline the distinctive focus and contribution of the present book: On the one hand, key issues related to economic inequalities (much like economic processes in general), have been much neglected in the academic fields specialising in news media and journalism studies. On the other hand, the major schools of theory and analysis in mainstream economics have paid relatively little explicit attention to the evolving scope, role or implications of mediated communication. This blindspot applies to both the conduct and performance of economic processes in general, as well as to engagement with the highly sensitive sub-arena of economic inequalities which is of particular interest in this book. In essence, this book is informed by the findings of a distinctive multi-country empirical research project undertaken by a multi-disciplinary team of researchers with economic, media and linguistic expertise. It explores how Piketty's book has been received and represented by news media based across four countries (Austria, Germany, Ireland and the United Kingdom) in the thirteen months following its publication. The primary aim of this book is to present the findings of a transdisciplinary and cross-national empirical study of news media coverage of economic inequality themes in four European countries. It focuses on the period following the launch of Thomas Piketty's (2014) high-profile and best-selling book 'Capital in the Twenty-First Century' (C21). This study is informed by a distinctive theoretical perspective drawing from institutional and political economy, media and journalism studies fields as well as critical discourse analysis. It is mindful of longer-term trends of rising economic inequality as well as the rather extraordinary series of electoral processes and redistribution policy outcomes across many electoral systems over recent decades. In sum, this book offers novel insights on key features of much-neglected links between how news media select, frame and discuss issues related to economic inequality and how such story-telling links to the specific aspects of the economic and public policy factors shaping the onward march of economic inequality in the long-run"--

No Longer Newsworthy

No Longer Newsworthy
Title No Longer Newsworthy PDF eBook
Author Christopher R. Martin
Publisher Cornell University Press
Pages 346
Release 2019-05-15
Genre Political Science
ISBN 1501735276

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Until the recent political shift pushed workers back into the media spotlight, the mainstream media had largely ignored this significant part of American society in favor of the moneyed "upscale" consumer for more than four decades. Christopher R. Martin now reveals why and how the media lost sight of the American working class and the effects of it doing so. The damning indictment of the mainstream media that flows through No Longer Newsworthy is a wakeup call about the critical role of the media in telling news stories about labor unions, workers, and working-class readers. As Martin charts the decline of labor reporting from the late 1960s onwards, he reveals the shift in news coverage as the mainstream media abandoned labor in favor of consumer and business interests. When newspapers, especially, wrote off working-class readers as useless for their business model, the American worker became invisible. In No Longer Newsworthy, Martin covers this shift in focus, the loss of political voice for the working class, and the emergence of a more conservative media in the form of Christian television, talk radio, Fox News, and conservative websites. Now, with our fractured society and news media, Martin offers the mainstream media recommendations for how to push back against right-wing media and once again embrace the working class as critical to its audience and its democratic function.

Affluence and Influence

Affluence and Influence
Title Affluence and Influence PDF eBook
Author Martin Gilens
Publisher Princeton University Press
Pages 348
Release 2012-07-22
Genre Education
ISBN 0691153973

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Why policymaking in the United States privileges the rich over the poor Can a country be a democracy if its government only responds to the preferences of the rich? In an ideal democracy, all citizens should have equal influence on government policy—but as this book demonstrates, America's policymakers respond almost exclusively to the preferences of the economically advantaged. Affluence and Influence definitively explores how political inequality in the United States has evolved over the last several decades and how this growing disparity has been shaped by interest groups, parties, and elections. With sharp analysis and an impressive range of data, Martin Gilens looks at thousands of proposed policy changes, and the degree of support for each among poor, middle-class, and affluent Americans. His findings are staggering: when preferences of low- or middle-income Americans diverge from those of the affluent, there is virtually no relationship between policy outcomes and the desires of less advantaged groups. In contrast, affluent Americans' preferences exhibit a substantial relationship with policy outcomes whether their preferences are shared by lower-income groups or not. Gilens shows that representational inequality is spread widely across different policy domains and time periods. Yet Gilens also shows that under specific circumstances the preferences of the middle class and, to a lesser extent, the poor, do seem to matter. In particular, impending elections—especially presidential elections—and an even partisan division in Congress mitigate representational inequality and boost responsiveness to the preferences of the broader public. At a time when economic and political inequality in the United States only continues to rise, Affluence and Influence raises important questions about whether American democracy is truly responding to the needs of all its citizens.

Combating Inequality

Combating Inequality
Title Combating Inequality PDF eBook
Author Olivier Blanchard
Publisher MIT Press
Pages 313
Release 2021-02-02
Genre Political Science
ISBN 0262045613

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Leading economists and policymakers consider what economic tools are most effective in reversing the rise in inequality. Economic inequality is the defining issue of our time. In the United States, the wealth share of the top 1% has risen from 25% in the late 1970s to around 40% today. The percentage of children earning more than their parents has fallen from 90% in the 1940s to around 50% today. In Combating Inequality, leading economists, many of them current or former policymakers, bring good news: we have the tools to reverse the rise in inequality. In their discussions, they consider which of these tools are the most effective at doing so.