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
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
So there’s a rumor floating around about California seceding from the union and setting up it’s own shop in the wake of the election of Donald Trump. I wrote about the idea of a Pacific Republic in my latest fiction work, and … 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
It is with all confidence that I can say the recent election results have indisputably ushered us into a full-blown Financialization Era. We can no longer claim to be a democracy, we are now an oligarchy. While I can … Continue reading
The concession speech was eloquent. I’ll give her that. But that is all she’ll get from me. I have no sympathy, compassion or empathy for Hillary Clinton. Her loss is hers and hers alone to bear. I voted for … Continue reading