Financialization
This is the current revision of Financialization as edited by TerryH (talk | contribs) at 11:25, March 11, 2016. This URL is a permanent link to this version of this page.
Financialization classically means giving banking, investment, insurance, and other financial industries greater relative importance in the economy of a nation-state or subdivision of it. But it can also mean requiring the individual to make a financial transaction with more and more activities that once did not require a financial transaction.
One can require such activity either by making certain basic needs, like housing and education, available only at a high price, or by requiring certain transactions an individual, absent the legal requirement, could do without.