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: koch brothers
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
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
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