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Financialization & Student Anxiety

KPFA - Against the Grain

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Financialization and the Dominance of Finance

From the 1970s roughly to today is a huge growth of so financial markets. The deregulation of financial markets have led to a huge growth in forms of speculation and risk management that have transformed the world of markets. More trading taking place with derivative products, greater overall value in dollars in those risky markets than in standard stock trading products. In economic terms we can observe financialization and the dominance of finance but then at the same time we have the implicit logic of finance which weaponizes debt as instruments for profit making.

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