Tags » Financialization

Wolves of Wall Street: Financialization and American Inequality

It’s no secret by now that the recent spike in American inequality, and the gains rapidly accruing to those at the upper end of the income distribution ladder, are driven in large part by “financialization”—the growing scale and profitability of the financial sector relative to the rest of the economy, and the shrinking regulation of its rules and returns.

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what is the leftist stance on financialization?

I have been planning to run a blog on political-economic (and possibly Post-Soviet) issues since at least one year, but could not get round to it until today. 511 more words

Basel III

SOS Dublin Docklands

The decline of the Dublin dock’s was a major blow to the city, leaving a legacy of unemployment and poverty, issues which fomented the addiction crisis of the ‘80s and 90s and continue to wreak havoc on inner-city communities. 1,460 more words


Economic Justice: the Rolling Stone Version

(This is the first in a series of posts about ending the right of private banks to create money.)

In January Jesse Myerson, writing in the… 296 more words

The Global Economic Crisis

Taskrabbits all the way down

In May 2013 shareholders voted to break up the Timken Company—a $5 billion Ohio manufacturer of tapered bearings, power transmissions, gears, and specialty steel—into two separate businesses.

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The Abduction of Europe 1: why Europe?

This is the first of a series of blog posts we have prepared following our recent participation in the Abduction of Europe event which took place in Madrid. 1,309 more words


Financialization and Income Inequality in the United States, 1967–2010

The paper, by Bradford M. Van Arnum and Michele I. Naples, presents a historical overview of the unprecedented growth of the financial sector and its implications on income inequality. 48 more words