[New post] Financialization Was a Response to Capitalism’s Failings

nemonemini posted: "Popular critiques of financial deregulation often blame the City of London's excessive political influence. But financialization wasn't imposed on capitalism by elite plotting — it was a political response to its inherent crisis tendencies. Source: Fin" Respond to this post by replying above this line New post on 1848+: The End(s) of History Financialization Was a Response to Capitalism's Failings by nemonemini Popular critiques of financial deregulation often blame the City of London's excessive political influence. But financialization wasn't imposed on capitalism by elite plotting — it was a political response to its inherent crisis tendencies. Source: Financialization Was a Response to Capitalism's Failings nemonemini | December 6, 2021 at 5:22 am | Tags: city of london, financialization, Thatcher | Categories: capitalism | URL: https://wp.me/p6em0M-eCr Comment    See all comments    Like Unsubscribe to no longer receive posts from 1848+: The End(s) of History. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://redfortyeight.com/2021/12/06/financialization-was-a-response-to-capitalisms-failings/ Thanks for flying with WordPress.com