"Bret Cahill" <
BretC...@peoplepc.com> wrote in message news:436b3502-8c82-44d2...@qk10g2000pbc.googlegroups.com...
Has the increasing "financialization" of the economy
undermined economic free speech/free trade?
Can Democratic market economists answer The Question?
Does either party make an effective attempt to expose and
prevent Wall Street crimes?
http://en.wikipedia.org/wiki/Financialization
Financialization is a term sometimes used in discussions of financial capitalism
which developed over recent decades, in which financial leverage tended to
override capital (equity) and financial markets tended to dominate over the
traditional industrial economy and agricultural economics.
Financialization is a term that describes an economic system or process that
attempts to reduce all value that is exchanged (whether tangible, intangible,
future or present promises, etc.) either into a financial instrument or a derivative
of a financial instrument. The original intent of financialization is to be able to reduce
any work-product or service to an exchangeable financial instrument, like currency,
and thus make it easier for people to trade these financial instruments.