Business journalism : a critical political economy approach / Ibrahim Seaga Shaw.

Format:

Book

Author/Creator:

Shaw, Ibrahim Seaga, 1962- author.

Language:

English

Subjects (All):

Journalism, Commercial--History.

Journalism, Commercial.

History.

Genre:

History.

Physical Description:

xiii, 200 pages ; 24 cm

Place of Publication:

Milton Park, Abingdon, Oxon ; New York, NY : Routledge, 2016.

Summary:

Business Journalism: A Critical Political Economy Approach critically explores the failures of business journalists in striking the balance between the bottom line business model and their role in defending the public interest. Drawing on historical and political economic perspectives and analysing these in relation to critical political economic theory, the book explores failures of business journalism through the dwindling of social responsibility in the business journalist's role in holding political and corporate power to account. Ibrahim Seaga Shaw draws on a diverse range of case studies, including: investigative journalism in the Standard Oil and Enron scandals, corporate propaganda in relation to business reporting, financial Journalism and the global financial crises of the late-90s and 2008, public business journalism and subprime mortgage loans, horsemeat and bent iPhone 6 scandals, ethical challenges of business and journalism from developed to emerging BRICS economies, business or financial journalism? Modernity vs postmodernity, macroeconomics vs microeconomics, challenges of business journalism in the digital age. Business Journalism: A Critical Political Economy Approach is essential reading for students and scholars interested in understanding the historical failings and potential futures for business journalism, and those wishing to develop specialist financial, economic and business reporting in today's globalised media landscape. Book jacket.

Contents:

1 Introduction: Background and rationale of the political economy of business journalism 1

Why study the political economy of business journalism? 3

What makes this book different from others specializing in business journalism? 9

The triple political economic crisis of business journalism 12

Part I The crisis in the political economy of global capitalism 17

2 The political economy of business and journalism: From paradox to crisis of capitalism 19

Political economy of journalism and public business journalism 20

Capitalism, anti-capitalism and the business model of journalism 27

3 Crisis in the political economy of journalism and global capitalism 36

Corporate journalism and public business journalism 38

A social problem of political economic communication as corporate journalism 41

4 From muckraking to investigative journalism: The Standard Oil Company and Enron scandals 51

History of watchdog journalism, corporate scandals and global capitalism 51

The muckraking movement and corporate corruption 57

From muckraking to investigative journalism, a comparative analysis involving Standard Oil and Enron scandals 59

Part II The crisis in the political economic reporting of financial crises 67

5 Reporting business and finance in crisis of identity! From business journalism to financial journalism? 69

From business journalism to financial journalism? A critical historical and conceptual exploration 69

Modernity and postmodernity 73

Macroeconomics and microeconomics 80

6 Reporting financial crisis in crisis! Critical comparative study of the reporting of the subprime mortgage loan and horsemeat scandals 91

Crisis in the political economic reporting of financial crisis 91

A comparative study of the reporting of the subprime mortgage crisis and the horsemeat scandal in the UK 95

Part III The crisis in the political economy of business journalism 119

7 Comparing ethical challenges of business journalism in the USA, the UK, China and India 121

Free speech, privacy and watchdog journalism: the UK, the USA, India and China 123

Conflicts of interest: the UK, the USA, India and China 134

8 Challenges of business journalism in the digital age 146

Debates on the challenges of 'digital' and 'convergence journalism' 147

New media, service journalism and public business journalism 154

Framing the bent iPbone 6 scandal in the UK press and blogospbere 156

Conclusion: public business jounalism in the digital age 164

9 Conclusion: A case for public business journalism and a look to the future 167

The triple crisis of the political economy of business and journalism 168

Some alternative counter-hegemonic models that support public business journalism 174

Movements and NGOs working to promote the ideas of public business journalism 175.

Notes:

Includes bibliographical references and index.

ISBN:

9780415739078

0415739071

9780415739085

041573908X

OCLC:

918874005