“Now, What Exactly is the Problem?“ Media Coverage of Economic Inequalities and Redistribution Policies: The Piketty Case

Grisold, Andrea and Theine, Hendrik (2020) “Now, What Exactly is the Problem?“ Media Coverage of Economic Inequalities and Redistribution Policies: The Piketty Case. Journal of Economic Issues, 54 (4). pp. 1071-1094. ISSN 0021-3624

[img]
Preview
Text
Now What Exactly is the Problem Media Coverage of Economic Inequalities and Redistribution Policies The Piketty Case.pdf
Available under License Creative Commons: Attribution 4.0 International (CC BY 4.0).

Download (603kB) | Preview

Abstract

A clear sign of the heightened interest in economic inequality was the surprising popularity of Thomas Piketty’s book, Capital in the Twenty-First Century, presenting a dense synopsis and major contribution to the economics of inequality. This article investigates discourses on inequality in news media, through the highly controversial debate raised by Piketty’s best-selling book, in selected print media in four European countries.We conceive of the media as having an impact on the perceptions and knowledge of economic processes, thus influencing preferences of the public for economic policy making. This is in line with Veblen, who terms the press an “educational system.” Regarding the topics of inequality, we will show that media coverage leads to a biased picture of both inequality and the role of redistribution policies to possibly curb such a development.

Item Type: Article
Additional Information: This work is supported by funds of the Oesterreichische Nationalbank (Austrian Central Bank, Anniversary Fund, project number: 16789).
Keywords: media coverage, inequality, redistribution policies, critical discourse analysis, political economy of the media, endogenous preferences
Classification Codes: JEL Classification Codes: Z18, B52, D31, D83
Divisions: Departments > Volkswirtschaft > Heterodoxe Ökonomie
Version of the Document: Published
Depositing User: Gertraud Novotny
Date Deposited: 10 Dec 2020 10:38
Last Modified: 10 Dec 2020 10:38
Related URLs:
FIDES Link: https://bach.wu.ac.at/d/research/results/97641/
URI: https://epub.wu.ac.at/id/eprint/7878

Actions

View Item View Item

Downloads

Downloads per month over past year

View more statistics