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: socialism
I write A LOT about socialism on this site because I find evidence that it brings a balance to economic systems. As I’ve just completed my second book and look towards marketing strategies and the best platforms on which … Continue reading →
The idea of ‘free college’ in the US has a lot of citizens up in arms about the whole ‘free stuff/socialist’ idea. Here’s what ‘free stuff’ looks like at the local, community, individual level. I work in a local high … Continue reading →
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 a lot of heated discussions going on about socialism, it seems pertinent to bring up the fact that every single congressperson is part of the socialist fabric of our nation. Socialism is merely an economic system wherein government controls the … Continue reading →
Our economy is still recovering from the housing bubble collapse of 2007/2008. People broke the law in order to create that bubble, willingly and blatantly (check out the movie The Big Short or read Matt Taibbi’s Griftopia for further enlightenment). … Continue reading →
The Iowa caucus marks the beginning of the US presidential election cycle and this particular election is imperative to our future as a nation. One candidate in particular is causing a stir because he blatantly speaks of socialism, an important … 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 →