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.

chapter |11 pages


The media as messenger
ByLaura Basu, Steve Schifferes, Sophie Knowles

part I|83 pages

The UK experience

chapter 1|15 pages

The UK news media and austerity

Trends since the global financial crisis
BySteve Schifferes, Sophie Knowles

chapter 2|13 pages

Media amnesia and the crisis

ByLaura Basu

chapter 3|20 pages

Austerity, the media and the UK public

ByMike Berry

chapter 4|17 pages

The economic recovery on TV news

ByRichard Thomas

chapter 5|16 pages

The ‘Geddes Axe’

The press and Britain’s first austerity drive
ByRichard Roberts

part II|58 pages

Continental perspectives

chapter 6|14 pages

Covering the Euro crisis

Cleavages and convergences
ByHeinz-Werner Nienstedt

chapter 7|15 pages

Austerity policies in the European press

A divided Europe?
ByÁngel Arrese

chapter 8|12 pages

Safeguarding the status quo

The press and the emergence of a new left in Greece and Spain
ByMaria Kyriakidou, Iñaki Garcia-Blanco

part III|54 pages

Journalistic practice and the crisis

chapter 10|13 pages

Whose economy, whose news?

ByAeron Davis

chapter 11|13 pages


Why the news media ignores economic experts
BySimon Wren-Lewis

chapter 13|13 pages

Reform in retreat

The media, the banks and the attack on Dodd-Frank
ByAdam Cox

part IV|53 pages

Social media, social movements and the crisis

chapter 14|15 pages

Social media and the capitalist crisis

ByChristian Fuchs

chapter 15|11 pages

Narrative mediation of the Occupy movement

A case study of Stockholm and Latvia
ByAnne Kaun, Maria Francesca Murru

chapter 16|11 pages

Facebook and the populist right

How populist politicians use social media to reimagine the news in Finland and the UK
ByNiko Hatakka

chapter 17|14 pages


The emergence of an anti-austerity hashtag across Europe’s twittersphere
ByMax Hänska, Stefan Bauchowitz