[...]... and media coverage of the European economic crisis : the case of Ireland / Julien Mercille pages cm – (Routledge frontiers of political economy) Includes bibliographical references and index 1 Ireland Economic conditions–21st century–Press coverage 2 Ireland Economic policy–21st century–Press coverage 3 Financial crises Ireland Press coverage 4 Global Financial Crisis, 200 8-2 009 5 Mass media and public... The case of Ireland Julien Mercille 187 Of Synthetic Finance Benjamin Lozano This page intentionally left blank The Political Economy and Media Coverage of the European Economic Crisis The case of Ireland Julien Mercille First published 2015 by Routledge 2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN and by Routledge 711 Third Avenue, New York, NY 10017 Routledge is an imprint of the Taylor &... Unite’s Notes on the Front, 26 November 2013, notesonthefront.typepad.com/politicaleconomy/2013/11/whats-at-stake.html (accessed 5 December 2013) 2 The crisis and the role of the media The European and Irish crises The European economic crisis is essentially a product of three factors First, the impact of the US financial crisis on European financial institutions acted as a trigger for the current turbulence... on Ireland to make points often applicable to other European countries Throughout the book, comparisons will be made with the experience of other ‘GIPSI’ countries (Greece, Ireland, Portugal, Spain, Italy), Iceland, Scandinavia, the United States, Ecuador, Argentina and Latvia, among others, to contextualize the Irish case In the conclusion, Irish media will be compared with European and American media. .. McDonald and K Sheridan, The Builders: How a Small Group of Property Developers Fuelled the Building Boom and Transformed Ireland, London: Penguin, 2008; S Ross, The Bankers: How the Banks Brought Ireland to its Knees, London: Penguin, 2009; S Ross and N Webb, The Untouchables: The People Who Helped Wreck Ireland – and are Still Running the Show, Dublin: Penguin Ireland, 2012 4 National Newspapers of Ireland, ... opinion Ireland 6 Press and politics Ireland I Title HC260.5.M47 2014 330.94'0561–dc23 2014005975 ISBN: 97 8-0 -4 1 5-7 210 9-7 (hbk) ISBN: 97 8-1 -3 1 5-8 635 7-3 (ebk) Typeset in Times New Roman by Taylor & Francis Books Contents List of illustrations Acknowledgements List of abbreviations xx xxi xxii 1 Introduction: the most significant changes since World War II’ 1 2 The crisis and the role of the media 8 3 The. .. Mamica and Pasquale Tridico 184 Information Technology and Socialist Construction The end of capital and the transition to socialism Daniel E Saros 186 Greek Capitalism in Crisis Marxist analyses Stavros Mavroudeas 185 Beyond Mainstream Explanations of the Financial Crisis Parasitic finance capital Ismael Hossein-zadeh 188 The Political Economy and Media Coverage of the European Economic Crisis The case of. .. are themselves part and parcel of the corporate sector (or government sector if they are state-owned) This was stated candidly at the outset of the crisis by the Sunday Business Post, which declared that the ‘primary interest for the government to take into account is that of Ireland Inc’.1 Thus, the media do not present a broad range of opinions, but rather a relatively narrow spectrum of ideas They... in the economy and lets entrepreneurial spirits flourish, the reality is different In fact, the government The crisis and the role of the media 11 takes an active role in supporting business needs, while the forces of the market are reserved for workers and the marginalized There is no better example of this process than the moves of governments across the advanced economies in 2007–9 to bail out their... Political Economy, 2014, vol 19, no 2, pp 282–301; The Role of the Media in Fiscal Consolidation Programmes: The Case of Ireland , Cambridge Journal of Economics, 2014, vol 38, no 2, pp 281–300; and European Media Coverage of Argentina’s Debt Default and Recovery: Distorting the Lessons for Europe’, Third World Quarterly, 2013, vol 34, no 8, pp 1377–91 Permission to reprint figures has been granted by the Economic . Economic Crisis The case of Ireland Julien Mercille This page intentionally left blank The Political Economy and Media Coverage of the European Economic Crisis The case of Ireland Julien Mercille First. Library Library of Congress Cataloging in Publication Data Mercille, Julien. The political economy and media coverage of the European economic crisis : the case of Ireland / Julien Mercille. pages. intentionally left blank The Political Economy and Media Coverage of the European Economic Crisis The European economic crisis has been ongoing since 2008 and while austerity has spread over the continent,