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: economics in america
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
“It worked so well in the third world that we brought it home. The Corporatacracy colonized its own People.” John Perkins, “Hoodwinked.” There’s a scent of a fresh kill in the air, and the hunter is crouched and ready to spring, … Continue reading
There’s a lot going on right now: The GOP tax bill would devastate our nation in ways that will take decades to amend. Net Neutrality, which keeps our democracy healthy by providing the ability for all of us to freely access … Continue reading
Perhaps, one measure of a President can be seen in the way he leaves his nation’s economic health to his successor. If so, let’s use this article from the Financial Times to gauge where Donald and the US will be in … Continue reading
The Koch brothers tentacles reach deep within the neuro-network of our nation and if you haven’t read ‘Dark Money’ by Jane Mayer yet you should click on over and order that writ. While you are waiting for your delivery, check out … Continue reading