Fifty shades of hatred and discontent - varieties of anti-finance discourses on the European Twitter (France, Germany, Italy, Spain and the UK)

  • Are we in a new “Polanyian moment”? If we are, it is essential to examine how “spontaneous” and punctual expressions of discontent at the individual level may give rise to collective discourses driving social and political change. It is also important to examine whether and how the framing of these discourses may vary across political economies. This paper contributes to this endeavor with the analysis of anti-finance discourses on Twitter in France, Germany, Italy, Spain and the UK between 2019 and 2020. This paper presents three main findings. First, the analysis shows that, more than ten years after the financial crisis, finance is still a strong catalyzer of political discontent. Second, it shows that there are important variations in the dominant framing of public anti-finance discourses on social media across European political economies. If the antagonistic “us versus them” is prominent in all the cases, the identification of who “us” and “them” are, vary significantly. Third, it shows that the presence of far-right tropes in the critique of finance varies greatly from virtually inexistent to a solid minority of statements.

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Author:Elsa MassocORCiD
URN:urn:nbn:de:hebis:30:3-640403
URL:https://ssrn.com/abstract=4008884
DOI:https://doi.org/10.2139/ssrn.4008884
Parent Title (English):SAFE working paper ; No. 338, LawFin Working Paper ; No. 30
Series (Serial Number):LawFin Working Paper (30)
SAFE working paper (338)
Publisher:SAFE
Place of publication:Frankfurt am Main
Document Type:Working Paper
Language:English
Year of Completion:2021
Year of first Publication:2022
Publishing Institution:Universitätsbibliothek Johann Christian Senckenberg
Release Date:2022/01/19
Tag:discourse analysis; finance; opinion; social media
Issue:Date of first version: 17 November 2021
Page Number:27
Note:
This research benefited from the support of the Leibniz Institute for Financial Research SAFE [grant number 123102] and was funded by the German Research Foundation (Deutsche Forschungsgemeinschaft, DFG) – project FOR 2774.
HeBIS-PPN:491471432
Institutes:Wirtschaftswissenschaften / Wirtschaftswissenschaften
Wissenschaftliche Zentren und koordinierte Programme / House of Finance (HoF)
Wissenschaftliche Zentren und koordinierte Programme / Center for Financial Studies (CFS)
Wissenschaftliche Zentren und koordinierte Programme / Sustainable Architecture for Finance in Europe (SAFE)
Wissenschaftliche Zentren und koordinierte Programme / DFG-Forschergruppen / Foundation of Law and Finance
Dewey Decimal Classification:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft
Sammlungen:Universitätspublikationen
Licence (German):License LogoDeutsches Urheberrecht