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Manufacturing ignorance
IAN SINCLAIR recommends a telling exposure of the role the Establishment media played in peddling its misleading analysis of the 2008 financial crash

The Media, the Public and the Great Financial Crisis
by Mike Berry
(Palgrave Macmillan, £22.99)

MIKE BERRY, from the School of Journalism at Cardiff University, has written a quietly devastating academic examination of the impact of the British print and broadcast media on public knowledge and understanding of the 2008 financial crisis.

Focusing on the October 2008 bank bailouts and ensuing debates about the national deficit and austerity, Berry conducted content analysis, focus groups with the public and interviewed senior journalists producing the news.

With the public’s interest in economic and business news at unprecedented levels in 2008, he found that the media “functioned to channel the very real public anger … into largely symbolic issues,” while leaving the deep structural faults in Britain’s financial system largely unexamined, with City voices dominating core coverage of the partial bank nationalisations on the BBC Today programme.

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