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: bernie sanders president
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
A couple of the biggest banks in our nation have the honor of headline news recently: Wells Fargo and Goldman Sachs have both been held accountable for one of the best Bank Jobs ever: the housing bubble market. Reuters reports about a … Continue reading