Description
The economic crisis in 2008 triggered a global financial shockwave that left many wondering about the origins of the crisis. Similarly, in the early twentieth century, Wall Street faced catastrophic losses that set the stage for the Great Depression, which resulted in a decade of economic depression, leaving millions of people out of work. Using discourse analysis to understand how economic crisis is framed through the mainstream press, this research project analyzed the stock market crash of 1929-1932 and the mortgage-backed financial crisis of 2007-2009 through the lens of two mainstream publications, The New York Times and The Wall Street Journal. Comparative analysis focused on explanations for the causes of the crises, attributions of blame, culprits, and proposed solutions emerging in news coverage of the 1929 panic and the 2007-2009 financial crises. Mainstream media accounts of the 2007-2009 crisis are then compared with `alternative media' accounts of crisis causes, culprits, and solutions. These comparative analyses are contextualized historically within economic paradigms of thought, beginning with the classical economists led by Adam Smith and transitioning to the Chicago School.
Details
Title
- A comparative communication discourse analysis examination of the economic crisis of 1929 and the mortgage crisis of 2008 through the analysis of mainstream and alternative media discourses
Contributors
- Price, Eun (Author)
- Nadesan, Majia (Thesis advisor)
- Gruber, Diane (Committee member)
- Ramsey, Ramsey E (Committee member)
- Arizona State University (Publisher)
Date Created
The date the item was original created (prior to any relationship with the ASU Digital Repositories.)
2013
Subjects
- Communication
- journalism
- Economic History
- Alternative press
- Discourse analysis
- Economic Crisis
- Mainstream press
- Post-recession problems
- The Glass-Steagall Act
- Depressions--1929--Press coverage--United States.
- Depressions
- Global Financial Crisis, 2008-2009--Press coverage--United States.
- Global Financial Crisis, 2008-2009
- Radicalism and the press--United States.
- Radicalism and the press
Resource Type
Collections this item is in
Note
- thesisPartial requirement for: M.A., Arizona State University, 2013
- bibliographyIncludes bibliographical references (p. 165-183)
- Field of study: Communication studies
Citation and reuse
Statement of Responsibility
by Eun Price