financialization
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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… Continue reading
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The Crisis of Finance Capitalism and the Exhaustion of Neoliberalism
The report “Changing Banking for Good” attempts to make bankers personally responsible, to reform bank governance and strengthen the powers of regulators. Some think that if the report’s recommendations are implemented, it will destroy London as a global financial center.… Continue reading
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