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: socialist military
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 →
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 →
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 →
In light of the mis-understandings surrounding the word “socialism” I thought it prudent to compile a quiz for those who might worry about their socialist leanings, you know, sort of clear the air a bit. Yes it’s snarky, I am … Continue reading →
Socialism is widespread in the United States: From paying our lawmakers with our tax money, to paying for our military, and even helping our neighbors out with food assistance moneys. Interestingly, only our neighbors are the ones held accountable for … Continue reading →
Really, the two go together like a horse and carriage. While the primary meaning of democracy is hinged to a ‘one person one vote’ theme, the secondary meaning is more broad and focused on the commonwealth, that is equal rights, … Continue reading →
A recent article in the Daily Kos discusses the ‘democratic socialist’ identity that is attached to presidential candidate Bernie Sanders. Several other news stories are also talking about the Four Letter “S” Word Bernie Sanders 2016: Young Americans Say … Continue reading →
Perkins, John. “Hoodwinked.” Broadway Books, NY, 2009 If I could recommend a book that provides a good description of The Financialization Revolution and (bonus!) offers viable solutions, it would be John Perkins’ “Hoodwinked.” I was somewhat familiar with Mr. Perkins work … Continue reading →
A lot of people had a some coronary problems in the U.S. last week when presidential candidate Bernie Sanders mentioned that we become a more socialist nation – NOT THE “S” WORD – was the general consensus. What many of … Continue reading →
Socialism has proven its place among economic systems by providing balance and sustainability – even in the United States. Socialism occurs when government interferes with free market processes, either by providing a service to its citizens or issuing boundaries to keep … Continue reading →