Tags » Financialization

Introduction: What Is The Financialization Revolution?

Financialization is, after all, a big fat hard-to-pronounce word and chances are you’ve never heard of it.

Yet.  It is one of the most important words you’ll ever want to familiarize yourself with because Financialization is the single reason why the United States economy has changed over the past few decades. 497 more words

American Economics

The Case for Unconditional Basic Income (UBI)

Transitions for Society: Job Guarantee and Basic Income

Prosocial Progress foundation (2014)

Film Review

This 20 minute documentary attempts to address the structural unemployment that seems to have become a permanent feature of monopoly capitalism. 399 more words

Inspiring Moments In Resistance

"Money as a medium of the Imagination" in the MoneyLab Reader

The Institute for Network Cultures has just released their collection the MoneyLab Reader: An Intervention in the Digital Economy, edited by Geert Lovink, Nathaniel Tkacz, and Patricia de Vries and based on a very insightful… 243 more words

Publications

Reducing Foreign Policy to Good vs Evil

Bitter Lake

by Adam Curtis (BBC) 2015

Film Review

By now, people will have noticed I’m a bit of an Adam Curtis fanatic (Curtis also produced… 631 more words

War In The Middle East

The limits of an economy based on debt

Source: Charles Hugh Smith.

Since the 1970s, wages have failed to keep pace with productivity, and Americans have maintained their material standard of living by borrowing.   287 more words

Economy And Business

The One Chart You Need to Predict the Future, by Charles Hugh Smith

From Charles Hugh Smith at the oftwominds.com (bold-face type in the original):

We are witnessing a profound secular sea-change: the failure of expanding debt and leverage to lift the real economy of wages and household income.

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Other Views

Credit makes you free! Neoliberalism, politics of debt and the subjugation of the working poor

Under the rubric of ‘financial inclusion’, lending to the poor – in both the global North and global South – has become a highly lucrative and rapidly expanding industry since the 1990s. 256 more words

Books