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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Tag Archives: american economy
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
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
The Koch brothers tentacles reach deep within the neuro-network of our nation and if you haven’t read ‘Dark Money’ by Jane Mayer yet you should click on over and order that writ. While you are waiting for your delivery, check out … Continue reading
So there’s a rumor floating around about California seceding from the union and setting up it’s own shop in the wake of the election of Donald Trump. I wrote about the idea of a Pacific Republic in my latest fiction work, and … Continue reading
It is with all confidence that I can say the recent election results have indisputably ushered us into a full-blown Financialization Era. We can no longer claim to be a democracy, we are now an oligarchy. While I can … Continue reading