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: free market gospel
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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This is What an Oligarchy Looks Like
The word oligarchy is getting lots of coverage these days as more and more of us are realizing how close we are to becoming a nation of many ruled by a few, unelected, elitist individuals. A recent Al Jazeera article … Continue reading
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Tagged american economic policy, american economics, american economy, american politics, banking industry, bernie sanders socialism, capitalism, capitalism in america, corporate behavior, corporate greed, financial elite, financialization, financialization revolution, free market economy, free market gospel, free market myth, is america a socialist country, koch brothers, koch brothers by college students, koch brothers colleges, koch brothers oligarchy, koch brothers political donations, oligarchy, oligarchy in america, politics, politics in america, privatization, socialism, socialism in america, the financialization revolution, the unseen revolution
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