The GFC and Social Media’s Role

While the GFC, or Global Financial Crisis, may not seem like an obvious choice as a media issue it undoubtedly was and still is. What started off as a crisis portrayed directly by media such as TV news stations, radio and newspapers, soon grew into something much, much bigger. Individuals began to join together and become one large voice that the government couldn’t ignore. This was the beginning of The Occupy Wall Street Movement.

Occupy Wall Street began on the 17th of September 2011 and protested corporate greed and income inequality within America. This movement rapidly made its way through Twitter, Facebook, Youtube and other social media sites; this allowed everyone to have direct access to all information regarding the movement. It also meant that news of Occupy Wall Street spread everywhere, and fast. People on opposite sides of the world were hearing the news of the protest before it could be reported on by the traditional media platforms like television and newspapers. Occupy Wall Street is a prime example of how social media and the internet have grown to become something that television and newspapers were never able to accomplish, immediate information for people all around the world instantaneously.

Think about how much of your information you obtain from traditional media (newspapers, radio, TV) and how much you acquire from other media platforms, like social media websites. Has this started changing over the past couple of years? Are social media sites becoming the new place to go for up-to-date news?

Until next time,





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