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Michell, Jo and Toporowski, Jan (2014) 'Critical Observations on Financialization and the Financial Process.' International Journal of Political Economy, 42 (4). pp. 67-82.

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Abstract

The term "financialization" is a recognition that finance has come to play a key role on the modern capitalist economy. But users of the term do not agree on its meaning and recognition of the growing scale of finance has not brought about an increased understanding of financial processes. The paper examines the reasons for increased turnover in financial markets. The main themes in the literature on financialization are examined and shown to lack a coherent account of financial processes that goes beyond the evidence of financial activity.

Item Type: Journal Article
SOAS Departments & Centres: Departments and Subunits > Department of Economics
Legacy Departments > Faculty of Law and Social Sciences > Department of Economics
ISSN: 08911916
DOI (Digital Object Identifier): https://doi.org/10.2753/IJP0891-1916420404
Date Deposited: 13 Sep 2015 17:32
URI: https://eprints.soas.ac.uk/id/eprint/20781

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