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The political economy of the print media and the decline of corporate investigative journalism in Australia
Authors:Andrea Carson
Institution:University of Melbourne
Abstract:Newspapers in developed economies are experiencing declining advertising and circulation revenues, closures and cutbacks. Investigative journalism's normative role has been described as scrutinising concentrated power sources in liberal democracies. This article examines investigative reporting by the Australian print media that has exposed corporate wrong-doing from affluent times to the current era of newspapers' financial hardship. Applying two content analyses, the article examines business investigative journalism from selected newspapers and specific categories of the peer-reviewed Walkley Awards. The socialist tradition identifies corporate power above other groups in society, and this article finds in accordance with political-economic theories that mainstream newspapers have become conspicuously absent in their investigative role in detecting and exposing corporate transgressions. I conclude that this failure was most notable prior to and during the Global Financial Crisis, and this has implications for the exercise, and scrutiny, of corporate power in Australia.

发达国家的报纸遭遇了广告和发行的滑坡,还有倒闭和削减。调查性新闻的规范角色被描述为自由民主体制内的监督力量。本文考察了澳大利亚印刷媒体从丰裕时代一直到如今报纸财政艰难岁月,对公司过失所做的调查报道。本文使用了内容分析,从选择的报纸和同行评审的Walkley奖的特定类别对商业调查做了研究。社会主义传统认定公司的权力高于社会其他群体,本文同意政治经济学理论,指出主流报纸在履行揭露公司违法不端的调查职责时,是明显缺席的。笔者的结论是,在全球金融危机之前及之中,这种缺席是再明显不过了。这个结论对于公司力量的运动和监督,或许有参考意义。

Keywords:corporate power  financial journalism  global financial crisis  newspapers  political economy
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