What does financialization mean?

Here's a list of possible definitions for the term financialization:


Wiktionary

  1. financialization(Noun)

    Conversion of intangible value into financial instruments.

Freebase

  1. 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 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 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. Workers, through a financial instrument such as a mortgage, could trade their promise of future work/wages for a home. Financialization of risk-sharing makes all insurance possible. The financialization of a government's promises makes all deficit spending possible. Financialization also makes economic rents possible.

Numerology

  1. Chaldean Numerology

    The numerical value of financialization in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of financialization in Pythagorean Numerology is: 1



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