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
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
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
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