IDEAS home Printed from
   My bibliography  Save this paper

Financialisation, Media and Social Change


  • Catherine Happer

    (University of Glasgow)


This paper examines the role of the media in shaping the public debate on finance and the economy, and the way this impacts on social change both at the level of policy and of individual behaviours. It is founded in debates about financialisation and neoliberalism which focus on the shift of power to large corporations and the way society has been transformed by the corporatisation of public life. One result of these structural developments is an increasingly integrated political and media culture which promotes the interests of the market and operates to limit the information available to audiences in understanding the issues. Alternative solutions to economic problems are effectively removed from public debate as shown through a discussion of media representations of the current economic crisis and possible responses to it. This limiting of alternatives is implicated in the shaping of sympathetic attitudes to ‘preferred’ views and actions and can facilitate preferred directions in social change at the level of policy by limiting the potential for effective resistance. Whilst the relationship between the media, attitudes and behaviours is complex, behavioural change, as reflected in, say, home-owning trends, is most likely to occur when media accounts are supported by policy moves.

Suggested Citation

  • Catherine Happer, 2013. "Financialisation, Media and Social Change," Working papers wpaper10, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
  • Handle: RePEc:fes:wpaper:wpaper10

    Download full text from publisher

    File URL:
    File Function: Full text
    Download Restriction: no

    More about this item


    media; economy; news; social change;

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
    • P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis
    • Z1 - Other Special Topics - - Cultural Economics


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fes:wpaper:wpaper10. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Helen Evans). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.