Within the framework of Marxist political economy, financialization is understood through the prisms of logical, theoretical, and historical perspectives. It is defined in terms of the increasing presence of interest bearing capital, as distinct from credit as such, the role this plays in real...

Financialization refers to the over-arching presence of the interest of global finance in every sphere of economic life - be it real or financial. Neo-liberalism, globalisation and financialization are three distinct yet mutually inter-related processes which at the present time are furthering...