The Rhodes Center Podcast with Mark Blyth cover image

The Fraught, Complex, and Important 'Economics of Belonging'

The Rhodes Center Podcast with Mark Blyth

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Financialization and the Knowledge Economy

Policy has allowed financialization to take over a lot of management and capital allocation decisions that conceptually is completely separate. These two actually reinforce one another, right, if you have them both in parallel. So there's a self reinforcing process here. And that's hard to deal with. But you can find policies that try to spread the wealth to use a cliche. It's very hard because you have two separate but mutually reinforcing forces going against you. That's what you're up against. I wonder how much this then becomes a tail wagging the dog phenomenon.

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