Dependency, (non)liability and austerity news frames of bailout Greece

Doudaki, Vaia; Boubouka, Angeliki; Spyridou, Lia‐Paschalia; Tzalavras, Christos

doi:10.1177/0267323116655510

Cited by 21 publications

(30 citation statements)

References 29 publications

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“…For example, the literature review demonstrated how similar neoliberal values were used to report on the financial crisis across Europe (Bjerke and Fonn, 2015;Doudaki et al, 2016;Preston and Silke, 2011) and as such, our study contributes to this wider project of investigating media reporting of the financial crisis using situated case studies. Taken together, these studies suggest that neoliberalism has become the underlying value of media reporting, informing the construction of public discussion.…”

Section: Discussionmentioning

confidence: 70%

“…The Co-operative Bank's near-collapse in 2013 was the first time that UK media addressed this non-standard financial organisation in depth and across a sustained period. The media frequently reduce complex issues into simplified, sensationalist terms and this reduces the capacity to question underlying assumptions and values (Doudaki et al, 2016;Kleinnijenhuis et al, 2015). As Schifferes and Coulter (2013) demonstrate, scandal, moral panic and reform have served as three long-standing explanations of the financial crisis in the UK media.…”

Section: Discussionmentioning

confidence: 99%

“…At their simplest, frames operate by 'selecting and highlighting some facets of events or issues, and making connections among them so as to promote a particular interpretation, evaluation, and/or solution' (Entman, 2003: 417). They are social constructs that promote certain meanings and are thus implicated in the production and reproduction of power (Carragee and Roefs, 2004;Doudaki et al, 2016).…”

Section: Media Reporting On Business News: Framing the Financial Crisismentioning

confidence: 99%

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Marginalising co-operation? A discursive analysis of media reporting on the Co-operative Bank

Mangan

Byrne

2018

Organization

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Recently there has been renewed academic interest in co-operatives. In contrast, media accounts of co-operatives are relatively scarce, particularly in the UK, where business reporting usually focuses on capitalist narratives, with alternatives routinely marginalised until a scandal pushes them into the public eye. This paper analyses media coverage of the UK's Co-operative Bank (2011-15), tracing its transformation from an unremarkable presence on the UK high street to preferred bidder for Lloyds Bank branches, and its subsequent near collapse. The paper charts changes in reporting and media interest in the bank through five discursive frames: member and customer service; standard financial reporting; human interest, personality-driven journalism; the PR machine; and political coverage. Our analysis discusses three points: the politicisation of the story through covert and overt political values; simplification and sensationalism; and media hegemony. We argue that although moments of crisis provide an opening for re-evaluating the dominant reporting model, established frames tend to reassert themselves as a story develops. This produces good copy that reflects the interests of the publishers, but does not extend understanding of cooperative organisations. Thus the paper identifies the role of the media in delegitimising organisations with alternative governance structures, thereby promoting ideological and economic conformity.

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Section: Discussionmentioning

confidence: 70%

Section: Discussionmentioning

confidence: 99%

Section: Media Reporting On Business News: Framing the Financial Crisismentioning

confidence: 99%

See 1 more Smart Citation

Marginalising co-operation? A discursive analysis of media reporting on the Co-operative Bank

Mangan

Byrne

2018

Organization

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“…Tracy (2012), for example, analyzed the main frames of the early phase of the Greek crisis (2009-2010) in the U.S. mainstream media, arguing that, as a problem, the case of the Greek crisis was presented as the 'Greek Contagion', and that the recommended solution was 'austerity'. A considerable body of research has pointed out that, during the economic crisis, mainstream media were aligned in their support to Troika's framing of the crisis, while alternative voices emerged (mainly online) because of pressures in journalistic industry and culture (Pleios 2013;Mylonas 2014;Iosifidis and Boucas 2015;Nikolaidis 2015;Touri et al 2016;Doudaki et al 2016). Furthermore, Stavropoulos (2017) discussed how news concerning the Grexit discussion between January 2016 and February 2017 cultivated an uncertainty frame, resulting in moral and economic panic.…”

Section: The #Grexit Media Tweets As a Case Studymentioning

confidence: 99%

Tweets That Matter: Reconsidering Journalistic Sourcing and Framing Processes in the Context of the #Grexit Debate

Kollias¹,

Kountouri²

2020

Journalism and Media

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This study explores the news media Twitter messaging on the issue of Grexit, as an exemplary case of transmediatisation of problems in highly polarized contexts. Our analysis focuses on media tweets (in English, French, Italian, and Greek) using the Grexit hashtag between March and July 2015. There are three main questions on the potential reshaping of journalistic sourcing and framing on Twitter. The first focuses on the milieu of actors used by media outlets as sources in the #Grexit debate, the second on the types of news frames that dominated #Grexit media tweets, and the third on how sourcing and news frames interact to construct a space of power positions. The above processes took shape within a close information system, which included politicians, media elites, and economic experts that marginalized alternative voices and critical perspectives. These findings indicate that mainstream news media normalized Twitter to fit their traditional sourcing and framing norms and practices. More specifically, our findings indicate the following: first, traditional sources and powerful economic actors get easier access to online media reporting on Twitter; second, the negative and episodic media-driven frames take the lead in the frame-building process; and third, the non-elite political and socially-driven frames are marginalized in the framing building process. The Twitter affordances were essentially normalized by media to fit into their understandings of the negotiation process as a high-stakes international politics and economic game with predetermined winners and losers. It is also likely that this normalization reflects the normalization of Twitter by powerful political and economic elites aiming to offer journalists on Twitter easy and instant access to their narratives.

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“…In this perspective, culture is used to explain complex social phenomena, and is seen as a homogenous set of beliefs and values from which permanent behaviours that hold back development are derived (Mylonas 2012). These cultural positions are usually decontextualised and reified, ignoring the economic, social and political dimensions (Krugman 2008; Stiglitz 2010; Michailidou and Trenz 2015; Doudaki et al 2016). Focusing on the case of Italy, this paper aims to demonstrate that this perspective produces stereotyped views of the situation, which are based on little empirical evidence and are inadequate for understanding the country’s problems.…”

Section: Introductionmentioning

confidence: 99%

Undisciplined, selfish big babies? The cultural framing of the Italian financial crisis

Storti

Dagnes

Díez³

2018

Mod. Italy

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In the public debate played out in the media, the financial crisis in Italy is often depicted through a culturalist frame; the country’s difficulties are traced deterministically to an ethos, supposedly widespread among Italians, of amoral familism and a limited sense of civic engagement. This paper illustrates three issues that exemplify the country’s financial problems, and which are often seen through this type of culturalist lens: i) a lack of discipline in managing public finances; ii) a lack of interest in co-operation caused by the excessive importance given to family ties; iii) a lack of agency from the people involved, symbolised by a reluctance to leave home and to adopt an intense pace of work. Considering the relevant literature and various statistics, we show that a culturalist approach helps to spread a stereotyped and misleading view of these three issues. Instead, we suggest that a more accurate reading of the situation, and more stimulating when it comes to public debate, can be obtained by observing the way individuals adapt to the limitations and opportunities of the context in which they operate.

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Dependency, (non)liability and austerity news frames of bailout Greece

Cited by 21 publications

References 29 publications

Marginalising co-operation? A discursive analysis of media reporting on the Co-operative Bank

Marginalising co-operation? A discursive analysis of media reporting on the Co-operative Bank

Tweets That Matter: Reconsidering Journalistic Sourcing and Framing Processes in the Context of the #Grexit Debate

Undisciplined, selfish big babies? The cultural framing of the Italian financial crisis

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