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: Tax Cut and Jobs Act
“It worked so well in the third world that we brought it home. The Corporatacracy colonized its own People.” John Perkins, “Hoodwinked.” There’s a scent of a fresh kill in the air, and the hunter is crouched and ready to spring, … Continue reading