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: capitalism
I write A LOT about socialism on this site because I find evidence that it brings a balance to economic systems. As I’ve just completed my second book and look towards marketing strategies and the best platforms on which … 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’ll be a movie coming out in December entitled “The Big Short”based upon a book by the same name which was written by Michael Lewis of “Moneyball” and “The Blind Side” fame. The book is a tedious timeline of … Continue reading →
Socialism is widespread in the United States: From paying our lawmakers with our tax money, to paying for our military, and even helping our neighbors out with food assistance moneys. Interestingly, only our neighbors are the ones held accountable for … Continue reading →
I’m a Proud Capitalist, I’m Also a Socialist, and Even a Marxist: A Vocabulary Exercise in Economics
Jamestown. Founded by an inspired England for the sole purpose of engaging in business and turning a profit for the crown. Founded on capitalistic ideals that business is a sacred endeavor and supply and demand would guide the market religiously. … Continue reading →
Really, the two go together like a horse and carriage. While the primary meaning of democracy is hinged to a ‘one person one vote’ theme, the secondary meaning is more broad and focused on the commonwealth, that is equal rights, … Continue reading →
A recent article in the Daily Kos discusses the ‘democratic socialist’ identity that is attached to presidential candidate Bernie Sanders. Several other news stories are also talking about the Four Letter “S” Word Bernie Sanders 2016: Young Americans Say … Continue reading →
Corporations currently earn their money through a myriad of paper transactions rather than by producing an actual product – this is Financialization and its negative effects on the economy continue to expose themselves. In a newly publish Forbes article, contributor … Continue reading →
Capitalism thrives on a free market and its staunch supporters are heard loudly complaining if the R-word is mentioned (R = Regulations). Free market proponents claim that any kind of government interference in the form of regulations will constrain the … Continue reading →