544
Views
1
CrossRef citations to date
0
Altmetric
Articles

The Economist’s depoliticisation of European austerity and the constitution of a ‘euphemised’ neoliberal discourse

Pages 494-509 | Received 09 Jan 2019, Accepted 05 Apr 2019, Published online: 29 Jul 2019

References

  • Basu, L. (2019). Living within our means: The UK news construction of the austerity frame over time. Journalism , 20 (2), 313–330. doi: 10.1177/1464884917708870
  • Becken, S. (2014). Oil depletion or a market problem? A framing analysis of peak oil in The Economist news magazine. Energy Research & Social Science , 2 , 125–134. doi: 10.1016/j.erss.2014.03.018
  • Blyth, M. (2013). Austerity: The history of a dangerous idea . Oxford : Oxford University Press.
  • Boas, T. C. , & Gans-Morse, J. (2009). Neoliberalism: From new liberal philosophy to anti-liberal slogan. Studies in Comparative International Development , 44 (2), 137–161. doi: 10.1007/s12116-009-9040-5
  • Borriello, A. (2017). ‘There is no alternative’: How Italian and Spanish leaders’ discourse obscured the political nature of austerity. Discourse & Society , 28 (3), 241–261. doi: 10.1177/0957926516687419
  • Bourdieu, P. (1998). Acts of resistance: Against the new myths of our times . Cambridge : Polity Press.
  • Bruff, I. (2014). The rise of authoritarian neoliberalism. Rethinking Marxism . A Journal of Economics, Culture & Society , 26 (1), 113–129.
  • Brunnermeir, M. K. , James, H. , & Landau, J. P. (2016). The euro and the battle of ideas . Princeton : Princeton University Press.
  • Crouch, C. (2011). The strange non-death of neoliberalism . Cambridge : Polity Press.
  • Davis, A. (2017). Sustaining corporate class consciousness across the new liquid managerial elite in Britain. British Journal of Sociology , 68 (2), 234–253. doi: 10.1111/1468-4446.12257
  • Davis, A. (2018). Whose economy, whose news? In L. Basu , S. Schifferes , & S. Knowles (Eds.), The media and austerity: Comparative perspectives (pp. 157–170). Abingdon : Routledge.
  • Deuze, M. (2005). What is journalism? Professional identity and ideology of journalists reconsidered. Journalism , 6 (4), 442–464. doi: 10.1177/1464884905056815
  • Doudaki, V. (2015). Legitimation mechanisms in the bailout discourse. Javnost – The Public , 22 (1), 1–17. doi: 10.1080/13183222.2015.1017284
  • Draghi, M. (2012, July 26). Speech by Mario Draghi, President of the European Central Bank at the Global Investment Conference in London 26 July 2012 [Speech]. Retrieved from https://www.ecb.europa.eu/press/key/date/2012/html/sp120726.en.html
  • Durham, F. D. (2007). Framing the state in globalization: The Financial Times’ coverage of the 1997 Thai currency crisis. Critical Studies in Media Communication , 24 (1), 57–76. doi: 10.1080/07393180701214538
  • The Economist . (2013, September 3). Is The Economist left- or right-Wing? The Economist. Retrieved from https://www.economist.com/blogs/economist-explains/2013/09/economist-explains-itself-0
  • The Economist . (2018). About us. Retrieved from https://www.economist.com/help/about-us
  • Edwards, R. D. (1995). The pursuit of reason: The Economist 1843–1993 . Boston : Harvard Business School Press.
  • Farkas, J. , & Schou, J. (2018). Fake news as a floating signifier: Hegemony, antagonism and the politics of falsehood. Javnost – The Public , 25 (3), 298–314. doi: 10.1080/13183222.2018.1463047
  • Foucault, M. (2008). The birth of biopolitics: Lectures at the Collège de France . New York : Picador.
  • Fraser, N. (2016). Progressive neoliberalism versus reactionary populism: A choice that feminists should refuse. NORA ­– Nordic Journal of Feminist and Gender Research , 24 (4), 477–494.
  • Fraser, N. , & Jaeggi, R. (2018). Capitalism: A conversation in critical theory . Cambridge : Polity.
  • Fürsich, E. (2009). In defence of textual analysis: Restoring a challenged method for journalism and media studies. Journalism Studies , 10 (2), 238–252. doi: 10.1080/14616700802374050
  • Gale . (2018). The Economist Historical Archive 1843–2013. Retrieved from http://find.galegroup.com/econ/start.do?econStoreUser=true
  • Hall, S. (1988). The hard road to renewal: Thatcherism and the crisis of the left . London : Verso.
  • Hanitzsch, T. (2011). Populist disseminators, detached watchdogs, critical change agents and opportunist facilitators: Professional milieus, the journalistic field and autonomy in 18 countries. The International Communication Gazette , 73 (6), 477–494. doi: 10.1177/1748048511412279
  • Harjuniemi, T. (2018). Reason over politics: The Economist’s historical framing of austerity. Journalism Studies , Advanced online publication. doi: 10.1080/1461670X.2018.1423633
  • Harjuniemi, T. , & Ampuja, M. (2018). Established ideas from established institutions: Austerity and structural reforms in the Finnish economic policy debate. Critical Policy Studies , Advance online publication. doi: 10.1080/19460171.2018.1451758
  • Harvey, D. (2005). A brief history of neoliberalism . Oxford : Oxford University Press.
  • Howarth, D. (2015). Introduction: Discourse, hegemony and populism: Ernesto Laclaus’s political theory. In D. Howarth (Ed.), Ernesto Laclau: Post-Marxism, populism and critique (pp. 1–21). Abingdon : Routledge.
  • Juska, A. , & Woolfson, C. (2017). The moral discourses of ‘post-crisis’ neoliberalism: A case study of Lithuania’s labour code reform. Critical Discourse Studies , 14 (2), 132–149. doi: 10.1080/17405904.2016.1213178
  • Jutel, O. (2016). The liberal field of journalism and the political: The New York Times, Fox news and the Tea Party. Journalism , 17 (8), 1129–1145. doi: 10.1177/1464884915599949
  • Kantola, A. (2007). On the dark side of democracy: The global imaginary of financial journalism. In B. Cammaerts & N. Carpentier (Eds.), Reclaiming the media: Communication rights and democratic media roles (pp. 192–215). Bristol : Intellect.
  • Kaplan, R. L. (2002). Politics and the American Press. The rise of objectivity 1865–1920 . Cambridge : Cambridge University Press.
  • Kay, J. , & Salter, L. (2014). Framing the cuts: An analysis of the BBC’s discursive framing of the ConDem cuts agenda. Journalism , 15 (6), 754–772. doi: 10.1177/1464884913501835
  • Kelsey, D. , Mueller, F. , Whittle, A. , & KhosraviNik, M. (2016). Financial crisis and austerity: Interdisciplinary concerns in critical discourse studies. Critical Discourse Studies , 13 (1), 1–19. doi: 10.1080/17405904.2015.1074600
  • Krugman, P. (2011, March 24). The Austerity delusion. The New York Times. Retrieved from http://www.nytimes.com/2011/03/25/opinion/25krugman.html
  • Laclau, E. (1990). New reflections on the revolution of our times . London : Verso.
  • Laclau, E. (1996). Emancipation(s) . London : Verso.
  • Laclau, E. (2007). On populist reason . London : Verso.
  • Laclau, E. , & Mouffe, C. (2014). Hegemony and socialist strategy: Towards a radical democratic politics (2nd ed). London : Verso.
  • Maeseele, P. , & Raeijmaekers, D. (2017). Nothing on the news but the establishment blues: Toward a framework of depoliticization and agonistic media pluralism. Journalism , Advance online publication. doi: 10.1177/1464884917739476
  • Marchart, O. (2011). From media to mediality: Mediatic (counter-) apparatuses and the concept of the political in communication studies. In L. Dahlberg , & S. Phelan (Eds.), Discourse theory and critical media politics (pp. 64–82). New York : Palgrave Macmillan.
  • Mårtenson, B. (2000). Between state and the market: The economy in Swedish television news. In N. T. Gavin (Ed.), The economy, media and public knowledge (pp. 112–134). London : Leicester University Press.
  • Mirowski, P. (2013). Never let a serious crisis go to waste: How neoliberalism survived the financial meltdown . New York : Verso.
  • Mouffe, C. (2005). On the political . New York : Routledge.
  • Mouffe, C. (2018). For a left populism . London : Verso.
  • Mylonas, Y. (2014). Crisis, austerity and opposition in mainstream media discourses of Greece. Critical Discourse Studies , 11 (3), 305–321. doi: 10.1080/17405904.2014.915862
  • Nerone, J. (2013). The historical roots of the normative model of journalism. Journalism , 14 (4), 446–458. doi: 10.1177/1464884912464177
  • Ojala, M. (2017). The making of a global elite (Doctoral dissertation). Retrieved from https://helda.helsinki.fi/handle/10138/178918
  • Ojala, M. , & Harjuniemi, T. (2016). Mediating the German ideology: Ordoliberal framing in European press coverage of the eurozone crisis. Journal of Contemporary European Studies , 24 (3), 414–430. doi: 10.1080/14782804.2015.1135109
  • Parsons, W. (1989). The power of the financial press: Journalism and economic opinion in Britain and America . London : Edward Elgar.
  • Peters, J. (2010, April 18). The Economist tends it sophisticate garden. New York Times. Retrieved from http://www.nytimes.com/2010/08/09/business/media/09economist.html
  • Phelan, S. (2007). The discourses of neoliberal hegemony: The case of the Irish Republic. Critical Discourse Studies , 4 (1), 29–48. doi: 10.1080/17405900601149459
  • Phelan, S. (2014). Neoliberalism, media and the political . New York : Palgrave Macmillan.
  • Phelan, S. (2009). The newspaper as political antagonist. Editorial discourse and the othering of Maori perspectives on the foreshore and seabed conflict. Journalism , 10 (2), 217–237. doi: 10.1177/1464884908100602
  • Phelan, S. , & Dahlberg, L. (2011). Discourse theory and critical media politics: An introduction. In L. Dahlberg & S. Phelan (Eds.), Discourse theory and critical media politics (pp. 1–41). New York : Palgrave Macmillan.
  • Phelan, S. , & Dawes, S. (2018). Liberalism and neoliberalism. Oxford Research Encyclopedia of Communication. doi:10.1093/acrefore/9780190228613.013.176.
  • Picard, R. (2015). Understanding the crisis. In R. G. Picard (Ed.), The euro crisis in the media: Journalistic coverage of economic crisis and European institutions (pp. 1–19). London : I.B. Tauris.
  • Power, M. J. , Haynes, A. , & Devereux, E. (2016). Reasonable people vs. The sinister fringe: Interrogating the framing of Ireland’s water charge protestors through the media politics of dissent. Critical Discourse Studies , 13 (3), 261–227. doi: 10.1080/17405904.2016.1141694
  • Salter, L. A. (2018). Editorial representations of the national Standards education policy. Journalism Studies . Advance online publication. doi: 10.1080/1461670X.2018.1481349
  • Schifferes, S. , & Knowles, S. (2015). The British media and the ‘first crisis of globalization’. In S. Schifferes & R. Roberts (Eds.), The media and financial crises: Comparative and historical perspectives (pp. 42–59). London : Routledge.
  • Schudson, M. (2008). Why democracies need and unlovable press . Cambridge : Polity Press.
  • Scmidt, V. A. , & Thatcher, M. (2014). Why are neoliberal ideas so resilient in Europe’s political economy. Critical Policy Studies , 8 (3), 340–347. doi: 10.1080/19460171.2014.926826
  • Slobodian, Q. (2018). Globalists: The end of empire and the birth of neoliberalism . Cambridge : Harvard University Press.
  • Slobodian, Q. , & Phlewhe, D. (2018). Neoliberals against Europe. Retrieved from https://www.academia.edu/37065805/Neoliberals_Against_Europe
  • Starr, M. (2004). Reading The Economist on globalisation: Knowledge, identity and power. Global Society , 18 (4), 373–395. doi: 10.1080/1360082042000272463
  • Swyndegouw, E. (2010). Apocalypse forever? Post-political populism and the spectre of climate change. Theory, Culture and Society , 27 (2–3), 213–232. doi: 10.1177/0263276409358728
  • Tooze, A. (2018). Crashed: How a decade of financial crises changed the world . London : Allan Lane.
  • Tracy, J. F. (2012). Covering ‘Financial Terrorism’. Journalism Practice , 6 (4), 513–529. doi: 10.1080/17512786.2011.633789
  • Tuchman, G. (1972). Objectivity as strategic ritual: An examination of newsmen’s notion of objectivity. American Journal of Sociology , 77 (4), 660–679. doi: 10.1086/225193
  • Waisbord, S. (2013). Reinventing professionalism. Journalism and news in global perspective . Cambridge : Polity Press.
  • Whiteside, H. (2016). Neoliberalism as austerity: The theory, practice and purpose of fiscal restraint since the 1970s. In S. Springer , K. Birch , & J. Macleavy (Eds.), The handbook of neoliberalism (pp. 361–370). New York : Routledge.
  • Williamson, J. (1993). Democracy and the “Washington Consensus”. World Development , 21 (8), 1329–1336. doi: 10.1016/0305-750X(93)90046-C
  • Zelizer, B. (2004). When facts, truth, and reality are God-terms: On journalism’s uneasy place in cultural studies. Communication and Critical/Cultural Studies , 1 (1), 100–119. doi: 10.1080/1479142042000180953
  • Žižek, S. (2008). In defence of lost causes . London : Verso.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.