A brief introduction to financialization from SOAS economist Costas Lapavitsas, who was briefly a Greek MP under the Syriza government. His research focuses on the political economy of finance.
Tags » Financialization
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William Lazonick, professor at University of Massachusetts Lowell, explains how rationalization, marketization, and globalization characterize the U.S. economy during the past 50 years, and how the behavior of companies and fate of American workers have changed during this process.