Media Coverage Of Financial Crisis May Explain Why People Are Not Angrier About Economy

Newspaper coverage of the financial crisis portrayed people as ‘dehumanised consumers’ rather than ‘victims of a calamity’ – which may explain why they are not angrier about the UK’s economic position, a report has found.

Researchers from the Sheffield Political Economy Research Institute (SPERI) at the University of Sheffield studied 1,000 quotes from named individuals in newspaper articles concerning the financial crisis, recession or austerity in five national newspapers between 2007 and 2014.

They wanted to explore whether there was a dominant neoliberal narrative in the UK media and whether its presentation of people as ‘spenders and consumers’ instead of rounded human beings may affect how we respond to the current economic situation.

They found a neoliberal narrative has permeated much of the newspaper coverage of hard economic times in the UK since 2007, with quotes and claims from political, market and civil society actors all drawing from a similar framework of reference: treating people primarily as ‘market citizens’, arguably stripping them of their social and political traits.

Commentary from civil society groups was identified as less likely to draw on a neoliberal framework, with individuals discussing the effect on mental health, childcare, social isolation and insecurity. However, civil society groups also drew on lots of different reference points to get their story across, which inevitably led to the emergence of a fragmented counter-narrative.

The study also found that while in opposition, the Conservative Party was willing to draw on language with a more human touch, sometimes using emotive terms – like Broken Britain – to heighten its criticism of the Labour government. In contrast, the Labour Party in opposition since 2010 did not make this shift.

One possible reason for this is the party’s effort to rebuild its image of economic competence. However, in not framing its comments differently, it is possible to see how the phrase ‘Tory-lite’ gained traction.

The author of the report, Luke Temple said, “Whenever the effect of the crisis, recession or austerity on people was discussed, it was generally framed in terms of their productivity or spending power. Issues like health or poverty were side-lined.

“In 2010 and 2011, Mervyn King, then the Governor of the Bank of England, made comments to the Trade Union Congress and the Treasury Select Committee questioning why the British public were not angrier about the dire and worsening economic situation. Part of the answer should focus on limited resources and depoliticisation. However, the evidence provided here leads us to suggest that part of the answer also lies in the permeation of a neoliberal narrative across the news coverage of these events.”

He added, “If economic crisis is reified as a macro problem outside of human control – almost as a natural disaster – and if human beings are presented not as the victims of this calamity but rather as dehumanised consumers, it is harder for emotions such as anger to emerge through solidarity and compassion.”