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 socialism
Socialism is a big part of our national conversation, thanks to one presidential candidate, and many soundbites about the topic include the idea that ‘people just want to have the state take care of them.’ Well….what’s the choice? … Continue reading →
With Senator Sanders and Donald Trump winning in New Hampshire yesterday, the 2016 election suddenly became a lot more interesting. Donald Trump came out with some statements this morning concerning his and Sanders’ agreement on the TPP issue, to wit, … Continue reading →
With one presidential candidate blatantly owning socialism as a way of re-directing our nation, it’s extremely important to understand exactly what socialism is, and more importantly to realize we are already a socialist nation. A quick vocabulary discussion concerning socialism: … Continue reading →
Our economy is still recovering from the housing bubble collapse of 2007/2008. People broke the law in order to create that bubble, willingly and blatantly (check out the movie The Big Short or read Matt Taibbi’s Griftopia for further enlightenment). … Continue reading →
The Iowa caucus marks the beginning of the US presidential election cycle and this particular election is imperative to our future as a nation. One candidate in particular is causing a stir because he blatantly speaks of socialism, an important … Continue reading →
A big part of the process of financialization is the influence of elite/corporate interests in politics and policy setting. A recent article published by a website The Nation exemplifies this principle: our Federal Reserve system is quietly being saturated with Goldman Sachs … Continue reading →
The United States is a nation full of socialist tendencies, its just a matter of where and how. Take for example this newly released report that demonstrates a huge amount of waste by our Department of Defense -we’re talking tens … Continue reading →
The word oligarchy is getting lots of coverage these days as more and more of us are realizing how close we are to becoming a nation of many ruled by a few, unelected, elitist individuals. A recent Al Jazeera article … Continue reading →
There’s a bit of noise today concerning Senator Lindsay Graham’s appeal for Federal aid in the wake of the unprecedented rain his state is receiving, mostly because he voted against similar aid to New Jersey when it was devastated by … Continue reading →
People often refer to liberals with two adjectives: Bleeding Hearts. The connotation is that liberals have sympathy for everyone, we are pushovers, we’ll absolutely take your hard-earned money and give it to the homeless guy who does nothing all day. Not really. … Continue reading →