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: Trump Presidency
Trump’s Problematic Hero Worship
It’s no secret that our President fawns over Putin and appreciates the Russian’s haughty brand of governing-and-giving-zero-f’s with regards to human rights and democracy. And there was the praise of the Philippine president who is mass incarcerating his own citizens. … Continue reading
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Tagged constitutional reform, financialization, governor's convention to amend constitution, jon ossoff georgia election, koch brothers, koch brothers oligarchy, koch brothers political donations, koch brothers political ideology, Trump and Putin, trump calls erdogan, Trump Presidency, Turkey vote
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Capitalist No More: The New American Economy
I attended a local forum group yesterday at my local library, the topic was “The Economy under a Trump Presidency.” The panel consisted of three men of varying backgrounds, all from the area: an economics professor, a former Tea Party … Continue reading
Payback Problem
Top Democrats are planning to block some of Trump’s cabinet nominees, or at least make the process a living hell. The writing was on the wall for this one, but it bears some deeper inspection. Of course the dems can … Continue reading
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Tagged bernie sanders, blocking obama, congress blocks obama, Democrat Obstruction, Democrats block nominee, Democrats block Trump, Democrats obstruct, donald trump, donald trump 2016, Donald Trump China, donald trump foreign policy, donald trump president, Donald Trump Taiwan, donald trump twitter, Elizabeth Warren, Obstructing obama, One term president, Republican Obstruction, Senator Feinstein blocks Session, Trump Presidency
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Pacific Republic: Social Conjecture #44
So there’s a rumor floating around about California seceding from the union and setting up it’s own shop in the wake of the election of Donald Trump. I wrote about the idea of a Pacific Republic in my latest fiction work, and … Continue reading
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Tagged Agriculture California, Agriculture Economics California, american economy, american politics, California its own state, California Republic, California Secedes, donald trump, donald trump 2016, donald trump president, Effects of Trump Presidency, Hoover Dam California, Pacific Republic, Silicon Valley California, Tesla Motors, Trump Presidency, US trade with China, US trade with India
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