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 president
I’m of the opinion that we pay way too much attention to the stock market. While news hosts and twitterers obsess over its fluctuation, it isn’t the end all, be all sign of our economic health, although there’s an upside … Continue reading
I attended a local forum group yesterday at my local library, the topic was “The Economy under a Trump Presidency.” The panel consisted of three men of varying backgrounds, all from the area: an economics professor, a former Tea Party … Continue reading
It was telling to me that the Koch brothers declined to support or endorse a Donald Trump candidacy, on a couple of levels. The first is trivial, I confess, yet it’s an indicator. It piqued my curiosity that the Koch … Continue reading
With the revelations that fake news sites had a hand in deciding the election, the industry itself is struggling to figure out how to best handle an ‘anything goes’ kind of world. While journalists ponder the issue, I think we … Continue reading
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
Top Democrats are planning to block some of Trump’s cabinet nominees, or at least make the process a living hell. The writing was on the wall for this one, but it bears some deeper inspection. Of course the dems can … Continue reading