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recent bookmarks from jmThe Why2013-04-24T12:15:45+00:00
http://www.broadsheet.ie/2013/04/24/the-why/#comment-541514
jm“The overall argument is that the Irish media are part and parcel of the political and corporate establishment, and as such the news they convey tend to reflect those sectors’ interests and views. In particular, the Celtic Tiger years involved the financialisation of the economy and a large property bubble, all of it wrapped in an implicit neoliberal ideology. The media, embedded within this particular political economy and itself a constitutive element of it, thus mostly presented stories sustaining it. In particular, news organisations acquired direct stakes in an inflated real estate market by purchasing property websites and receiving vital advertising revenue from the real estate sector. Moreover, a number of their board members were current or former high officials in the finance industry and government, including banks deeply involved in the bubble’s expansion."
]]>economics irish-times ireland newspapers media elite insiders bubble property-bubble property celtic-tiger papers news biashttps://pinboard.in/https://pinboard.in/u:jm/b:9091d370ea58/