Katana VentraIP

Finance capitalism

Finance capitalism or financial capitalism is the subordination of processes of production to the accumulation of money profits in a financial system.[6]

Financial capitalism is thus a form of capitalism where the intermediation of saving to investment becomes a dominant function in the economy, with wider implications for the political process and social evolution.[7] The process of developing this kind of economy is called financialization.

Rudolf Hilferding, Finance Capital (1981[1910])

Giovanni Arrighi, The Long Twentieth Century: Money, Power, and the Origins of our Times (1994)

The New Industrial State (1974)

John Kenneth Galbraith

The age of monopoly-finance capital