Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

It is stated on page 4 of Mr. Browne's opening statement in relation to the role of journalists during the bubble that a journalistic culture of increased workloads, casualisation, rapidly changing technological expectations and declining real rates of pay was in place throughout the industry even before the wider bust of 2007 and 2008. Features such as casualisation, declining rates of pay, etc., in other areas of the economy were routinely referred to as a race to the bottom. In Mr. Browne's view was a race to the bottom being manifested within the media organisations during this period and, if so, how does this relate to how coverage of the bubble was treated?