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: politics in america
There is a difference between science and healthcare and I contend that the healthcare system in the US undermines the legitimacy of modern science and creates a misconception about the discipline. Science is the foundation upon which healthcare was constructed. Trial and … 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
Earlier this week I discussed the idea of new corporate behavior and its role in The Financialization Revolution, I said “Since the Financialization Revolution, the goal of satisfying shareholders instead of consumers has become the primary focus of corporations.” A new Think … Continue reading