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: deregulation
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
It’s a bit of nepotism, but I am linking an article written by my brother in law because of its excellent summary of the Trans Pacific Partnership. TPP Trade Pact Fails On So Many Levels gives a brief examination of the … Continue reading
“Business people stopped judging themselves based on companies long term growth or reputation in consumer polls; instead, the measurement of their worth became a function of the bonuses and salaries they could squeeze out of the marketplace or out of … Continue reading