Pro-Growth Bias is reflected in the media by the stories and words chosen, which hint and often trumpet that economic, population, and consumption growth is good and essential. We're here to expose the bias and encourage more balanced and thoughtful journalism. Here you can vote, discuss, and even post stories exemplifying the bias.
Global media mogul and growth-pusher/profiteer Rupert Murdoch makes today’s Wall of Shame for pushing G20 member nations to get out of the way of corporations so they can kick economic growth into higher gear.
“We live in a world where we pat ourselves on the back if our economy achieves 2 per cent or 2? per cent growth even though we have ever-growing numbers of unemployed and under-employed…. Meanwhile, in China, achieving 7 per cent growth would be considered a slump.”
Murdoch is one of the world’s richest, a billionaire, but he thirsts for more. This story in The Australian included Murdoch’s...
This Friday is World Population Day, so this week I’m keeping an extra eye out for both exemplary population coverage and ridiculously biased population coverage in the media. The Minister of Finance of the Canadian province of Alberta starts off the week on the Wall of Shame. Doug Horner, also the Spruce Grove – St. Albert MLA (Member of the Legislative Assembly), disappointed with his June 30 annual report extolling the wondrous state of Alberta’s economy and finances.
“Unemployment rates are steady, the economy is healthy and population continues to grow….”
I’m not sure these are Horner’s exact words, as there...
Yes, every time the U.S. announces GDP estimates, financial journalists briefly awake from their snooze, but not from their stupor. They muster just enough brainpower to phone in yet another report that assumes endless economic growth is both wonderful and possible. No new thinking. No exploration of alternative views. No consideration of changing times and circumstances.
Wednesday’s estimate of a U.S. economy contracting in the first quarter at an annualized rate of 2.9% was no exception, as this sampling of headlines illustrates:
Economy in First Quarter Was Worse Than Everybody Thought (New York Times)
Bad to Worse: US Economy Shrank More...
This column originally ran in the New York Times in May under the headline, Demography and the Bicycle Effect. Truthout republished the piece last week under the headline, Why Economists Worry About Population Growth.
I’m very glad to see New York Times columnist and Princeton economics professor Paul Krugman take up this topic. It seems like economists are blissfully unaware the world is overpopulated at 7.2 billion. Instead, as nation by nation begins to experience slowing population growth and eventually even population decline, economists are fixated on the prospect of having fewer consumers and workers and therefore a smaller economy.
A shrinking U.S. economy was mourned, across the board, by journalists last week. But for a country responsible for roughly 25% of the world’s resource use, isn’t a contracting economy a positive step - toward sustainable, one-planet living?
Last Thursday’s Commerce Department revision of 1st quarter gross domestic product (GDP) provided yet another opportunity for the news media to administer a routine dose of “economic growth is wonderful” cultural programming. National Public Radio got a head start on this in its hourly newscast the day before:
“Later this week the federal government will release its latest data on U.S. economic growth…....