In the three decades after World War II, America became the first predominantly middle-class country in the world and our poverty rate was cut in half. Americans experienced what scholars describe as ...

This is the second of a three-part series exploring the building rivalry between cryptocurrencies and Wall Street. The first part is here. A parallel financial system is forming outside the incumbent ...

Free-market capitalism says that the only purpose of business is to create shareholder value and that the unfettered market can regulate itself. In the last 30 years, that definition changed to, “the ...

A new word has emerged in the lexicon of the new economy - financialization- defined as the “growing scale and profitability of the finance sector at the expense of the rest of the economy and the ...

As far as South Korea is concerned, it was the new-build gentrification that played a dominant role for a long time in the ...

KUALA LUMPUR and PENANG, Jun 11 2019 (IPS) – The emergence and growth of financialization from the 1980s has been driven by several factors operating at various levels – national and international, ...

The whole of economic life is a mixture of creative and distributive activities. Some of what we ‘‘earn’’ derives from what is created out of nothing and adds to the total available for all to enjoy.

The news seems to be full of praise for our strong economy. Columnists continuously cite the low 3.9% unemployment rate and GDP growth as the best in many years. Citizens know that there has been a ...

Jay-Ann Gilfoy is president and chief executive of Meridian, Ontario’s largest credit union. I’ve been thinking a lot lately about two hard, but related truths: the indisputable fact that a roof over ...

Financialization has become the go-to term for scholarship that studies the vastly expanded role of finance in contemporary politics, economy and society. The concept itself has equally expanded and ...