Asked by Christian Darlington on Sep 29, 2024
Financialization refers to the pursuit of increased profits through financial transactions rather than through the delivery of a business' core goods and services.
Financialization
The increasing dominance of financial markets, financial motives, financial institutions, and financial elites in the economy, affecting decision-making and resource allocation.
Financial Transactions
Deals or exchanges of monetary value between parties, including buying, selling, and trading goods, services, or financial instruments.
- Recognize the impact of financialization on labor relations and employee welfare.
Learning Objectives
- Recognize the impact of financialization on labor relations and employee welfare.