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: hillary clinton
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
I recall the angst I felt during the last election cycle. Mitt Romney was the republican nominee running against an incumbent Barack Obama. My concern was well founded as I listened to the benefits of having a ‘businessman’ … Continue reading
Dear Sarah Silverman. Dear Bernie Sanders. Dear Al Franken. Dear Hillary Clinton. Dear Mr. President. I know you would admonish all of us to ‘throw in the towel’ and get behind our candidate as a means to coalesce. We can’t. … Continue reading
You are the first, but you are not our best. I know this with certainty, there are others with greater integrity and deeper loyalties – it is difficult to miss them among your repute. You deliver promises from a podium and … Continue reading
There’ll be a movie coming out in December entitled “The Big Short”based upon a book by the same name which was written by Michael Lewis of “Moneyball” and “The Blind Side” fame. The book is a tedious timeline of … Continue reading
Like an old retired neighbor who has nothing to do all day long except waste his time on making it his business to know what the rest of the hood is doing, our Congress who has nothing to do all … Continue reading