financialization

Noun

Meaning

(economics) Conversion of intangible value into financial instruments.

The act of making, or treating as, financial; bringing something into the sphere of finance.

Examples

We have this culture of financialization. People think they need to make money with their savings rather with their own business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the stock market for entertainment. Nassim Nicholas Taleb

From the 1970s, there has been a significant change in the U.S. economy, as planners, private and state, shifted it toward financialization and the offshoring of production, driven in part by the declining rate of profit in domestic manufacturing. Noam Chomsky

The Hariri model was focused on real estate speculation and financialization. Source: Internet

War, Treason, and Fury sit to his left (the US Deep State?) and Discord, Fraud and Cruelty on his right (casino capitalist financialization?). Source: Internet

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