Activity

Investment stayed up for a variety of reasons [...] the political peace between big labour unions, big business, and big government (part of what gets called "Fordism") that characterized this era provided, in a broad sense, a guarantee of high wages, low industrial conflict, and high profits

In general, financialization describes the increasing role of financial motives, financial markets, financial actors, and financial institutions in the operation of domestic and international economies. Second, from a more technical or specific perspective, financialization is a pattern of capitalist accumulation that relies increasingly on profit-making through financial channels, even for capitalists that are not themselves financial firms.

Neoliberalism is the ongoing effort, in an inevitably uneven global political economy, to construct a regulatory regime in which the market is the principal means of governance and the movement of capital and goods is determined as much as possible by firms' short-term returns.

spatial problems that used to seem insuperable are increasingly understood in terms of their temporal features

Neoliberalism is a term currently used only by its critics; its champions, including the leaders of most capitalist countries, do not proclaim themselves "neoliberals."