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 politics
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
With the revelations that fake news sites had a hand in deciding the election, the industry itself is struggling to figure out how to best handle an ‘anything goes’ kind of world. While journalists ponder the issue, I think we … 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
The concession speech was eloquent. I’ll give her that. But that is all she’ll get from me. I have no sympathy, compassion or empathy for Hillary Clinton. Her loss is hers and hers alone to bear. I voted for … Continue reading
The ‘three R’s’ is a tool I use in my professional life as well as my personal life: first we react, then we regulate, so that we can reason. In any given situation we will always ‘react’ first according to … Continue reading
Dear Sarah Silverman. Dear Bernie Sanders. Dear Al Franken. Dear Hillary Clinton. Dear Mr. President. I know you would admonish all of us to ‘throw in the towel’ and get behind our candidate as a means to coalesce. We can’t. … Continue reading
As I’ve watched the convention these past few days it’s blatantly obvious from what playbook the Republican party is playing. In fact, one needs only to read the slogan “Keep America Safe” to understand that they are feeding the … Continue reading