Title
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Media rhetoric plays the market : the logic and power of metaphors behind the financial crises since 2006
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Author
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Abstract
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This article examines the logic and power of financial news metaphors in the current economic climate. The sequence of global financial crises starting in late 2007 led to a particular discursive phenomenon in financial news. Newspapers constructed, with vivid imagery (e.g., toxic loans, nervous markets to be calmed down), a globalized register for talking and writing about the crises. The empirical study of 3,730 Dutch and Flemish-Belgian financial news articles (2,042,596 words) investigates how during 2006-2013 metaphor power (De Landtsheer, 2009) interacts with financial-economic indicators. It is suggested, on the basis of the case study, that financial news articles generally may be more metaphorical during crises; metaphor power significantly correlates with Eurostat financial-economic indicators in either a positive direction (unemployment rates, public debt) or a negative one (gross national product, consumer confidence). |
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Language
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English
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Source (journal)
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Metaphor and the social world. - Amsterdam, 2011, currens
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Publication
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Amsterdam
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John Benjamins Publishing Company
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2015
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ISSN
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2210-4070
[Print]
2210-4097
[Online]
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DOI
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10.1075/MSW.5.2.02DEL
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Volume/pages
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5
:2
(2015)
, p. 205-222
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ISI
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000387668700003
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Full text (Publisher's DOI)
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Full text (open access)
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