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: donald trump business
With all the scuffle going on about Donald refusing daily intelligence briefings (because busy!) we might as well figure out that this is what we’re in for when the roles of CEO and COC are mingled. We didn’t elect a … Continue reading
First there were protests (though some of that was an expression of angst in general). Now there are recounts and investigations. It seems all kinds of messy, as democracy usually is. But at this point, with a reactionary as president-elect, … Continue reading
Yeah. It’s like a preview for the rest of the presidency: Donald Trump’s first ten days have been difficult to follow and full of the same incendiary divisiveness as his campaign. More bothersome, they were full of highly questionable decisions … Continue reading