This site is dedicated to the single purpose of making the term ‘financialization’ a part of our national conversation.
Financialization refers to a new way of doing business: instead of profits earned from actually making a product, profits are earned via stock market performance. This means the 'product' becomes secondary to dividends.
Financialization also includes an oligarchical component wherein the elite make policy decisions, steer economies, and control governments.
Financialization is seen by many economists as a natural step in overall economic systems. It is seen by many economists as having a disastrous effect on national spending, consumer behavior, and democracy.
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Author Archives: Frankie Wallace
Stock Market Fetish
I’m of the opinion that we pay way too much attention to the stock market. While news hosts and twitterers obsess over its fluctuation, it isn’t the end all, be all sign of our economic health, although there’s an upside … Continue reading
Cannibals
“It worked so well in the third world that we brought it home. The Corporatacracy colonized its own People.” John Perkins, “Hoodwinked.” There’s a scent of a fresh kill in the air, and the hunter is crouched and ready to spring, … Continue reading
The London Lesson
There’s a lot going on right now: The GOP tax bill would devastate our nation in ways that will take decades to amend. Net Neutrality, which keeps our democracy healthy by providing the ability for all of us to freely access … Continue reading
Protest Sympathy
Boy, has Facebook and Twitter and most of America blown up over this whole protesting thing. I have a theory. I’m willing to bet that the bulk of those who are mad as hell at the anthem being disrespected … Continue reading
Free Market Reality
A “Free market equals a Free human” is a nice catchy phrase. It implies that there’s no burden of regulation, no government interference, no one sitting in a far away office telling you what you can and can’t do with … Continue reading
Posted in Uncategorized
Tagged ACA, aca repeal, financialization, financialization revolution, free market, free market economy, free market gospel, kevin kruse, kevin kruse one nation under god: how corporate america invented christian america, obamacare repeal, One term president, science
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To Hell With General Welfare
They’re some of my favorite words of the preamble, and as all words of our our founding document, they were carefully, purposefully, weighed before they were chosen by our forefathers. … Continue reading
Trump’s Problematic Hero Worship
It’s no secret that our President fawns over Putin and appreciates the Russian’s haughty brand of governing-and-giving-zero-f’s with regards to human rights and democracy. And there was the praise of the Philippine president who is mass incarcerating his own citizens. … Continue reading
Posted in Uncategorized
Tagged constitutional reform, financialization, governor's convention to amend constitution, jon ossoff georgia election, koch brothers, koch brothers oligarchy, koch brothers political donations, koch brothers political ideology, Trump and Putin, trump calls erdogan, Trump Presidency, Turkey vote
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Capitalist No More: The New American Economy
I attended a local forum group yesterday at my local library, the topic was “The Economy under a Trump Presidency.” The panel consisted of three men of varying backgrounds, all from the area: an economics professor, a former Tea Party … Continue reading
Koch Bliss: Donald is Their Dream Distraction
It was telling to me that the Koch brothers declined to support or endorse a Donald Trump candidacy, on a couple of levels. The first is trivial, I confess, yet it’s an indicator. It piqued my curiosity that the Koch … Continue reading
Posted in Uncategorized
Tagged american economy, american politics, Article 9 Constitution, donald inauguration, donald trump, donald trump president, donald trump twitter, financial elite, financialization, governor greg abbot change constitution, greg abbott constitution, greg abbott koch brothers, koch brothers, koch brothers constitution, koch brothers oligarchy, koch brothers political donations, koch brothers political ideology, States convention, states rights
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Thanks Obama! Now It’s Your Turn Donald…
Perhaps, one measure of a President can be seen in the way he leaves his nation’s economic health to his successor. If so, let’s use this article from the Financial Times to gauge where Donald and the US will be in … Continue reading
