Tags » Financialization

More on financialization from Costas Lapavitsas

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.

Political Economy

Understanding the Current Economic Crisis

The ABC’s of the Economic Crisis: What Working People Need to Know
Fred Magdoff and Michael Yates

Monthly Review Press (2009)

Book Review

In the… 501 more words

The Global Economic Crisis

The dangers of financialization

An interview with Time Magazine’s Rana Faroohar on her book Makers and Takers, which explores the trend in our economies in recent decades towards financialization… 11 more words

Political Economy

Michael Hudson on Finance Capitalism

Iconoclastic economist Michael Hudson on ‘Finance Capitalism’, taken from J is for Junk Economics (p.99-100). In today’s finance-dominated economies, his words are especially relevant, even though the term is not a recent one. 351 more words

Political Economy

Keiser Report: Belt and Road initiative

In this episode of the Keiser Report, Max and Stacy ask the trillion-dollar question: what is the Belt and Road Initiative? In the second half, Max interviews Josh Crumb of Goldmoney.com about financialization and how it got us to where we are.

Economic Report


There’s not much we can do.

You and I can only wait at this point.

All chances of a healthy outcome have passed,

This is the end, this is the time to begin mourning. 336 more words

The rise and fall of the American middle class

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.

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Political Economy