(verb) to promote the growth or development of; rouse incite
Financialization both foments and relies upon discursive and material formations such as precariousness, security, play, creativity and resistance.
The reason why the idea of fictitious capital is useful is because it draws our attention to the way that finance foments and depends on the production of social fictions.
My first day on the job was as I expected: business was good. A post-crash malaise had fomented the rural poor’s already healthy distrust of the banking system, and, anyway, many clients were among the longstanding unbanked
When I became aware that you had upbraided Obama for fomenting class warfare, I couldn’t even imagine what set you off. It seemed comical. Here’s a president who brought Wall Street allies into his administration from the get-go.