Those who are supposed to scrutinise the financial and political elite are embedded within it. Many belong to a service-sector aristocracy, wedded metaphorically (sometimes literally) to finance. Often unwittingly, they amplify the voices of the elite, while muffling those raised against it. A study by academics at the Cardiff School of Journalism examined the BBC Today programme’s reporting of the bank bailouts in 2008. It discovered that the contributors it chose were “almost completely dominated by stockbrokers, investment bankers, hedge fund managers and other City voices. Civil society voices or commentators who questioned the benefits of having such a large finance sector were almost completely absent from coverage.” The financiers who had caused the crisis were asked to interpret it. The same goes for discussions about the deficit and the perceived need for austerity. The debate has been dominated by political and economic elites, while alternative voices – arguing that the crisis has been exaggerated, or that instead of cuts, the government should respond with Keynesian spending programmes or taxes on financial transactions, wealth or land – have scarcely been heard. Those priorities have changed your life: the BBC helped to shape the political consensus under which so many are now suffering .. Those entrusted to challenge power are the loyalists of power. They rage against social media and people such as Russell Brand, without seeing that the popularity of alternatives is a response to their own failures: their failure to expose the claims of the haut monde, their failure to enlist a diversity of opinion, their failure to permit the audience to see that another world is possible. If even the public sector broadcasters parrot the talking points of the elite, what hope is there for informed democratic choice?
Posted on: Sat, 24 Jan 2015 04:57:30 +0000