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: financialization
Stock Market Fetish
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
Free Market Reality
A “Free market equals a Free human” is a nice catchy phrase. It implies that there’s no burden of regulation, no government interference, no one sitting in a far away office telling you what you can and can’t do with … Continue reading
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Tagged ACA, aca repeal, financialization, financialization revolution, free market, free market economy, free market gospel, kevin kruse, kevin kruse one nation under god: how corporate america invented christian america, obamacare repeal, One term president, science
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To Hell With General Welfare
They’re some of my favorite words of the preamble, and as all words of our our founding document, they were carefully, purposefully, weighed before they were chosen by our forefathers. … Continue reading
Trump’s Problematic Hero Worship
It’s no secret that our President fawns over Putin and appreciates the Russian’s haughty brand of governing-and-giving-zero-f’s with regards to human rights and democracy. And there was the praise of the Philippine president who is mass incarcerating his own citizens. … Continue reading
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Tagged constitutional reform, financialization, governor's convention to amend constitution, jon ossoff georgia election, koch brothers, koch brothers oligarchy, koch brothers political donations, koch brothers political ideology, Trump and Putin, trump calls erdogan, Trump Presidency, Turkey vote
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Capitalist No More: The New American Economy
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
Koch Bliss: Donald is Their Dream Distraction
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
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Tagged american economy, american politics, Article 9 Constitution, donald inauguration, donald trump, donald trump president, donald trump twitter, financial elite, financialization, governor greg abbot change constitution, greg abbott constitution, greg abbott koch brothers, koch brothers, koch brothers constitution, koch brothers oligarchy, koch brothers political donations, koch brothers political ideology, States convention, states rights
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Thanks Obama! Now It’s Your Turn Donald…
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
Oligarchy: Full Steam Ahead
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
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Tagged american economy, american politics, constitution amendment, constitution amendment by state convention, dark money jane mayer, economic policy, economics in america, economy, financialization, financialization in america, financialization revolution, greg abbott constitution, greg abbott koch brothers, jane mayer dark money, jane mayer donald trump, koch brothers constitution, koch brothers oligarchy, koch brothers political donations, koch brothers state convention, limited government, north carolina democratic governor, north carolina governor, north carolina governor stripped of power, politics in america, states rights
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Financialization Complete
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
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Tagged american economy, american politics, democracy, democracy in america, donald trump, donald trump business, donald trump foreign policy, donald trump president, donald trump russia ties, donald trump tax plan, donald trump transition team, economic policy, economy, financial elite, financialization, financialization in america, financialization revolution, future of american democracy, vote for change
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Engage: Fear
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
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Tagged "Make America Safe", american economic policy, american economics, american economy, american politics, dark money, dark money jane mayer, deregulation, donald trump 2016, donald trump president, economic policy, economics in america, economics in u k, election 2016, financialization, jane mayer dark money, koch brothers, koch brothers free market, koch brothers oligarchy, oligarchy, oligarchy in america, republican convention, republican convention 2016, review of republican convention, the u k and economics, u k economics
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