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This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

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the process whereby the financial industry becomes more prominent


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.

—p.155 From the Rise of Finance to the Subprime Crisis (151) by Geoff Mann
notable
7 years, 4 months ago