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Crisis management policy. How discourses shape academic-political actors

Bibliographic Data

ID12427779
AuthorsJens Maeße (University of Warwick, corresponding author)
EditorsTanweer Ali (0000-0002-1959-0480)
Year2015
Volume23
Issue3
Pages231-245
Publication date2015-08-07
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueOn the Horizon The International Journal of Learning Futures (JOURNAL)
Journal identifiersISSN: 1074-8121 • E-ISSN: 2054-1708
PublisherEmerald Publishing Limited (PUBLISHER • GB)
DOI10.1108/oth-05-2015-0016
OpenAlexW1538862312
LanguageEN
Citations received3
References cited22

Purpose – The purpose of this paper is to contribute to a discourse analytical understanding of the political economy. The term “crisis” is an important label in recent discussion in political economy. Yet the genuine discursive dimension of “the crisis” and the multiple linguistic layers of the crisis discourse remains an open issue. Design/methodology/approach – Realist perspectives usually believe in an external reality of crises independent of the language construction; in contrast, constructivist perspectives argue that a crisis is always the result of a socio-linguistic construction process. This contribution follows a critical-constructivist perspective, thereby taking into account powerful discursive actors which are able to “declare” a state in the world as a “crisis”. Findings – From a discourse analytical point of view, this paper examines the rules and logics of crisis management policy, arguing that a new politico-academic elite has appeared which is beyond the classical distinction between “Keynesians” and “neo-liberals”. By taking a position in the discourse of the recent debate on financial regulation, these new elite might be able to manage the crisis for a particular time, as they are constructed as “moderating actors” through academic and political discourses. Research limitations/implications – From a practical point of view, this analysis cannot offer economic solutions; from an analytical viewpoint, it will not give insights into discursive contexts. Practical implications – This analysis helps to understand current debates on economic policy and to improve the communicative efficiency of the participants. Originality/value – This paper combines a discourse analysis with a governmentality perspective and applies this analytical tool onto a political and economic topic currently prevailing in the global political economy

Critical discourse analysis · Discourse analysis · Economics · Elite · Epistemology · Governmentality · Ideology · Linguistics · Originality · Political economy · Political science · Politics · Positive economics · Qualitative research · Social science · Sociology · Value (mathematics · Global Financial Regulation and Crises · Housing, Finance, and Neoliberalism · Law · Political and Economic history of UK and US

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    Open Access•Charles Poor Kindleberger, Robert Z Aliber et al.•Manias, Panics and Crashes•2005

  • From Economics Imperialism to Freakonomics

    Ben Fine, Dimitris Milonakis et al.•From economics imperialism to…•2009

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  • An Engine, Not a Camera

    Donald Mackenzie, Donald A Mackenzie•An engine, not a camera•2006

  • Conclusion

    B Jessop, Ngai-Ling Sum et al.•Beyond the Regulation Approach•2006

  • The Political Power of Economic Ideas

    Peter A Hall•Political Power of Economic Ideas•1989

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    Mark Granovetter•American Journal of Sociology•1985

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  • Sleeping with the enemy? On Hayek, constructivist thought, and the current economic crisis

    Open Access•Oliver Kessler•Review of International Studies•2012

  • Keynesian Economics

    G C Harcourt, Alan Coddington•Economica•1984

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    Harrison C White•Identity and Control•2008

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    Open Access•Andrew Leyshon, Nigel Thrift•Capital & Class•1998

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  • Economics invents the economy

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Unique citing works3
Citations per year0,33
Citation span2017 - 2022 (6)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3

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