Investing in inter-organisational communication: the Melbourne Wool Brokers Association (original) (raw)

2006, In G. Boyce, S. Macintyre & S. Ville (Eds.), How Organisations Connect Investing in Communication (pp. 171-197). Carlton, Vic.: Melbourne University Publishing.

Too Big to Fail: Explaining the Timing and Nature of Intervention in the Australian Wool Market, 1916–1991

Australian Journal of Politics and History, 2016

From the early twentieth century, many Australian farm products have had their prices set by some form of intervention, often administered by a statutory marketing board. Wool was different: intervention, other than war-related exigencies, came much later and in a different mechanism, a reserve price scheme (hereafter RPS). The RPS that operated from 1970 until its collapse in 1991 has been roundly criticised. Four key elements explain the belated emergence and particular form of price controls: the specific characteristics of wool ̶ its importance to the economy, its export orientation, and its non-perishability; the shifting locus of economic and political power in favour of small farmers; the declining influence of the wool selling brokers’ and their associations; and the rise of statutory bodies and their capture by key figures supporting increased government participation.

Trade Associations, Narrative and Elite Power

Theory, Culture & Society

This article introduces and develops the concept of trade narrative to understand how business sectors defend against public disapproval and the threat of increased regulation or removed subsidy. Trade narrative works by accumulating lists of benefits and occluding costs, and is created by consultants for economic interests organized via trade associations. This represents an under-analysed ‘policy-based evidence machine’, the aim of which is to format the discourses of the media and political classes about the contribution of the sector in ways that frame political choice about what is thinkable and doable. In doing so it supports elite power by providing a relay for intra-elite communication. Using illustrations from privatized railways, banking and pharmaceuticals in the UK and US, the argument explores how the causal arrow runs in the opposite direction from that supposed in most discussion of discourse-economy relations in the field of cultural economy.

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