[...] When we talk about financialization, all we’re really talking about is that the provision of a larger share of all goods and services involve financial transactions—more of education, healthcare, housing is provided through the market and through credit markets in particular—and that more of the profits made from the production of goods and services are staying in the hands of the financial sector. In fact the financial sector’s share of profits rose from about 10 percent of profits some thirty years ago to 40 percent in the last few years. So what financialization really means is that financial transactions are becoming more and more prominent in everyday life and they are becoming more and more lucrative, more and more profitable.