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: is america a socialist country
Socialism is a big part of our national conversation, thanks to one presidential candidate, and many soundbites about the topic include the idea that ‘people just want to have the state take care of them.’ Well….what’s the choice? … Continue reading →
I’ve defined socialism several times as government provided services (as opposed to government provided goods). Citizens provide funds with taxes, government allocates the funds to provide services: national defense (military), legislation (congress), neighborhood safety (fire and police), education, etc. … Continue reading →
With one presidential candidate blatantly owning socialism as a way of re-directing our nation, it’s extremely important to understand exactly what socialism is, and more importantly to realize we are already a socialist nation. A quick vocabulary discussion concerning socialism: … Continue reading →
The United States is a nation full of socialist tendencies, its just a matter of where and how. Take for example this newly released report that demonstrates a huge amount of waste by our Department of Defense -we’re talking tens … Continue reading →
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 →
I’m perplexed. We claim to be the best. We brag about being a democracy and assert that we alone represent opportunity and equality. We proudly wave our flags and sing our anthem with the knowledge that we have the … Continue reading →
There’s a bit of noise today concerning Senator Lindsay Graham’s appeal for Federal aid in the wake of the unprecedented rain his state is receiving, mostly because he voted against similar aid to New Jersey when it was devastated by … Continue reading →