Has anyone tried to calculate productivity in a manner that excludes financialization of assets in the US?
I'd bet it would be a lot closer to wage growth.
I'd bet it would be a lot closer to wage growth.
November 14, 2025 at 1:18 PM
Has anyone tried to calculate productivity in a manner that excludes financialization of assets in the US?
I'd bet it would be a lot closer to wage growth.
I'd bet it would be a lot closer to wage growth.
It’s possible that the actual worst thing, in the long term, about the financialization of healthcare in the US is that the crazy demands of high patient counts mean that even the good clinicians who want to stay on top of shit don’t have the time or energy to do so
November 14, 2025 at 2:16 AM
It’s possible that the actual worst thing, in the long term, about the financialization of healthcare in the US is that the crazy demands of high patient counts mean that even the good clinicians who want to stay on top of shit don’t have the time or energy to do so
Yeah my post wasn't meant to let homeowners off the hook, they're part of the speculation, that's all part and parcel of financialization too, it all goes hand in hand.
November 14, 2025 at 1:48 AM
Yeah my post wasn't meant to let homeowners off the hook, they're part of the speculation, that's all part and parcel of financialization too, it all goes hand in hand.
People don’t know the difference between “illegal immigrants” and the financial immigrants that western countries let in because they have money. Financial immigrants took advantage of the financialization of housing the same way the rest of us could, the Financialization is the problem.
November 13, 2025 at 9:54 PM
People don’t know the difference between “illegal immigrants” and the financial immigrants that western countries let in because they have money. Financial immigrants took advantage of the financialization of housing the same way the rest of us could, the Financialization is the problem.
no i don't want to financialization vehicle for my health care payments fuck off
November 13, 2025 at 5:23 PM
no i don't want to financialization vehicle for my health care payments fuck off
Less than a week to go before our Nov Lunch & Learn, where we dive into one of the root causes of the housing crisis: commodification. Register for the zoom link! tinyurl.com/HONLLNov
November 13, 2025 at 5:10 PM
Less than a week to go before our Nov Lunch & Learn, where we dive into one of the root causes of the housing crisis: commodification. Register for the zoom link! tinyurl.com/HONLLNov
Nice summary of how financialization helped destroy the American middle class. The main take away: we though creating & trading sophisticated financial assets could replace capital investment and human capital attainment. We were wrong. Time for major reforms.
open.substack.com/pub/americas...
open.substack.com/pub/americas...
We Didn't Kill American Manufacturing—We Let It Die
The American elite are treating our country like a Hospice Patient. We need to wake up before they let use die in our sleep.
open.substack.com
November 13, 2025 at 5:06 PM
Nice summary of how financialization helped destroy the American middle class. The main take away: we though creating & trading sophisticated financial assets could replace capital investment and human capital attainment. We were wrong. Time for major reforms.
open.substack.com/pub/americas...
open.substack.com/pub/americas...
The first casualty of the financialization of education is always education itself: the very academic disciplines that are meant to question, challenge & reframe the most toxic narratives of civilisation, now become the servants of these narratives
The Curiosity Crisis: Why Universities Became Brothels
When universities bowed down to the junta many people were shocked, but I wasn’t one of them.
open.substack.com
November 13, 2025 at 4:50 PM
The first casualty of the financialization of education is always education itself: the very academic disciplines that are meant to question, challenge & reframe the most toxic narratives of civilisation, now become the servants of these narratives
From 50 year mortgages to ads for nVidia stock, the message is clear. They can't find the financialization to keep this running.
November 13, 2025 at 7:17 AM
From 50 year mortgages to ads for nVidia stock, the message is clear. They can't find the financialization to keep this running.
Now reading: Other People’s Money
Non-fiction about a massive real estate sale involving an iconic New York apartment complex. A story about affordable housing, rent regulation, the real estate market crash, the financialization of housing, and more.
Non-fiction about a massive real estate sale involving an iconic New York apartment complex. A story about affordable housing, rent regulation, the real estate market crash, the financialization of housing, and more.
November 13, 2025 at 1:12 AM
Now reading: Other People’s Money
Non-fiction about a massive real estate sale involving an iconic New York apartment complex. A story about affordable housing, rent regulation, the real estate market crash, the financialization of housing, and more.
Non-fiction about a massive real estate sale involving an iconic New York apartment complex. A story about affordable housing, rent regulation, the real estate market crash, the financialization of housing, and more.
“Corporate and financial firms have taken over care.
Perhaps the most underappreciated transformation of the past 40 years is the corporate consolidation and financialization of medicine. Care delivery—once local and community-based—is now dominated by corporations.”
Perhaps the most underappreciated transformation of the past 40 years is the corporate consolidation and financialization of medicine. Care delivery—once local and community-based—is now dominated by corporations.”
“Medical debt is now the most common form of debt in collections ahead of credit cards, utilities, or personal loans. Nearly 60% of those in medical debt have insurance.”
“1. Costs vs. wages: A 20-year disconnect.
Over the past two decades, the cost of employer-sponsored health insurance—how the vast majority of privately insured Americans obtain their health care—has skyrocketed. Premiums, deductibles, and out-of-pocket costs have all soared—far faster than wages.”
Over the past two decades, the cost of employer-sponsored health insurance—how the vast majority of privately insured Americans obtain their health care—has skyrocketed. Premiums, deductibles, and out-of-pocket costs have all soared—far faster than wages.”
November 12, 2025 at 7:13 PM
“Corporate and financial firms have taken over care.
Perhaps the most underappreciated transformation of the past 40 years is the corporate consolidation and financialization of medicine. Care delivery—once local and community-based—is now dominated by corporations.”
Perhaps the most underappreciated transformation of the past 40 years is the corporate consolidation and financialization of medicine. Care delivery—once local and community-based—is now dominated by corporations.”
5 ways our health care system has become utterly insane
Perhaps the most underappreciated transformation of the past 40 years is the corporate consolidation and financialization of medicine. Care delivery—once local and community-based—is now dominated by corporations.
Perhaps the most underappreciated transformation of the past 40 years is the corporate consolidation and financialization of medicine. Care delivery—once local and community-based—is now dominated by corporations.
5 ways our health care system has become utterly insane
A deep dive into the U.S. health care system: rising costs, corporate takeover, and why reform keeps failing.
open.substack.com
November 12, 2025 at 5:15 PM
5 ways our health care system has become utterly insane
Perhaps the most underappreciated transformation of the past 40 years is the corporate consolidation and financialization of medicine. Care delivery—once local and community-based—is now dominated by corporations.
Perhaps the most underappreciated transformation of the past 40 years is the corporate consolidation and financialization of medicine. Care delivery—once local and community-based—is now dominated by corporations.
The fact that a FIFTY year mortgage is even considered an option now should tell us everything we know about how well the financialization of housing has worked for most in this country. Why not 100? 150?
November 12, 2025 at 5:10 PM
The fact that a FIFTY year mortgage is even considered an option now should tell us everything we know about how well the financialization of housing has worked for most in this country. Why not 100? 150?
Oh and also...over the past couple of years all the HSAs I have had have invited to me "grow my money through investment" and I don't feel great about introducing financialization or gambling into my already bonkers medical finances.
November 12, 2025 at 1:18 PM
Oh and also...over the past couple of years all the HSAs I have had have invited to me "grow my money through investment" and I don't feel great about introducing financialization or gambling into my already bonkers medical finances.
Inequality, Financialization, and Political Disintegration
NEP/RePEc link
to paper
d.repec.org
November 12, 2025 at 2:45 AM
Inequality, Financialization, and Political Disintegration
I don't have the economics background to really weave the argument, but it strikes me that there is this powerful trend towards abstraction that begins with financialization. Making money with real things limits returns.
November 11, 2025 at 10:35 PM
I don't have the economics background to really weave the argument, but it strikes me that there is this powerful trend towards abstraction that begins with financialization. Making money with real things limits returns.
Today remember that everyone who tells you that World War I was Britain losing its empire, as opposed to proof that Britain had already lost its empire to America and Germany by financialization, doesn't want you to know what's happening to America now
November 11, 2025 at 8:44 PM
Today remember that everyone who tells you that World War I was Britain losing its empire, as opposed to proof that Britain had already lost its empire to America and Germany by financialization, doesn't want you to know what's happening to America now
"The idea of making money has been fully peeled away from delivering any kind of goods or services that people would want to pay money for."
Yes, that's the sentence I wanted to explain a concept. Financialization and the get-rich-quick grift both based on, and lead to, this.
Yes, that's the sentence I wanted to explain a concept. Financialization and the get-rich-quick grift both based on, and lead to, this.
This is one of the things I hate most about modern capitalism. The idea of making money has been fully peeled away from delivering any kind of goods or services that people would want to pay money for.
What a thrill to be part of @talkingpointsmemo.com's series about the past 25 years of digital media! I wrote about why private equity goons destroyed Deadspin and why it matters.
November 11, 2025 at 8:37 PM
"The idea of making money has been fully peeled away from delivering any kind of goods or services that people would want to pay money for."
Yes, that's the sentence I wanted to explain a concept. Financialization and the get-rich-quick grift both based on, and lead to, this.
Yes, that's the sentence I wanted to explain a concept. Financialization and the get-rich-quick grift both based on, and lead to, this.
These findings reflect the continued trend of increased financialization of healthcare. Additionally, this also shows AMCs’ interest in investing in internally developed scientific advancements. (4/7)
November 11, 2025 at 5:25 PM
These findings reflect the continued trend of increased financialization of healthcare. Additionally, this also shows AMCs’ interest in investing in internally developed scientific advancements. (4/7)
Instead, he’s doing financialization?
November 11, 2025 at 10:36 AM
Instead, he’s doing financialization?
I agree with both camps in that its a multi front effort, but feel the missing caveat in giant red letters should be the financialization of property and housing. As long as housing is constrained to market conditions for the majority, it will never get better. Land reform is the only way.
November 11, 2025 at 5:46 AM
I agree with both camps in that its a multi front effort, but feel the missing caveat in giant red letters should be the financialization of property and housing. As long as housing is constrained to market conditions for the majority, it will never get better. Land reform is the only way.
These economic conditions existed in a very different economic regime with less overall financialization. You only had a few loans both because they were rare and because they were at high rates. We couldn't live the way we do under those conditions and we probably shouldn't live how we do.
Honestly, if people today had to contend with these kinds of economic conditions, they'd melt down
My first mortgage was in '89 and it was 10% - and that was a VA mortgage that was 1 point below prime. Commercial mortgages were high 12s, low 13s.
November 11, 2025 at 3:20 AM
These economic conditions existed in a very different economic regime with less overall financialization. You only had a few loans both because they were rare and because they were at high rates. We couldn't live the way we do under those conditions and we probably shouldn't live how we do.
Decommodifying housing through mass financialization: "The only way out is through!"
November 11, 2025 at 1:12 AM
Decommodifying housing through mass financialization: "The only way out is through!"
Hyper financialization and big tech have super charged fascism.
And we have at the most 10 years before climate starts to collapse food/water/transpo.
Waiting another 20 years trying to reform the Dem Party from within is not an option.
And we have at the most 10 years before climate starts to collapse food/water/transpo.
Waiting another 20 years trying to reform the Dem Party from within is not an option.
November 10, 2025 at 9:24 PM
Hyper financialization and big tech have super charged fascism.
And we have at the most 10 years before climate starts to collapse food/water/transpo.
Waiting another 20 years trying to reform the Dem Party from within is not an option.
And we have at the most 10 years before climate starts to collapse food/water/transpo.
Waiting another 20 years trying to reform the Dem Party from within is not an option.
Inequality, Financialization, and Political Disintegration
NEP/RePEc link
to paper
d.repec.org
November 10, 2025 at 4:45 PM
Inequality, Financialization, and Political Disintegration