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: oligarchy
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
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
In a recent plot twist to the Oligarchical scheme of making us a “New World Order” under corporate rules, Uruguay suspended its participation of the Trade in Services Agreement, a partner of the TransPacific Partnership agreement which reflects pure corporate … Continue reading
The Guardian (I stress, again, NOT a US newspaper) just published a quite insightful article concerning the connection between US Congress members and their rebuke of democracy by relegating the Trans Pacific Partnership (TPP) to a fast track passage. Here … Continue reading