The Dangers of Financialization

The video discusses the concept of financialization, highlighting its growth and impact on the economy. It explores how credit allocation has shifted, the influence of financial lobbies, and the role of private equity in the housing market. The discussion extends to monopoly power in finance, income distribution, and issues in corporate governance. The looming pension crisis is linked to financialization, and the need for public engagement in financial system discussions is emphasized.

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