Financial crisis and austerity: interdisciplinary concerns in critical discourse studies

Abstract

We begin our introduction to this special issue by considering the interdisciplinary collaborations behind this project before reviewing previous research on political rhetoric, financial reporting and media coverage of austerity in transnational contexts. We consider aspects of moral storytelling that have arisen through the contextual complexities of societies in financial crisis and other moral tales of austerity in political rhetoric. Whilst much of the literature and debates covered here are concerned with UK economic policy and related British social contexts, we will expand to include examples from other countries that reflect similar concerns on the ideological operations of austerity and financial discourse. Finally, some critical theoretical approaches to ideology and political economy are discussed in relation to the socio-economic areas covered in this special issue. The multiple discursive contexts of austerity that are covered here demonstrate the breadth of social concerns and conflicts that have developed in societies and institutions following the recent global economic crisis.