Template:M intro systems financialisation: Difference between revisions

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{{d|Financialisation|/faɪˈnænʃᵊlaɪˈzeɪʃᵊn/|n|}}
{{d|Financialisation|/faɪˈnænʃᵊlaɪˈzeɪʃᵊn/|n|}}
1. ''General'': The increasing importance of financial markets, motives, institutions, and elites in the operation of the economy and its governing institutions.<ref>Adapted from ''Financialization, Rentier Interests, and Central Bank Policy'', Epstein, 2001.</ref>  
{{L1}}''General'': The increasing importance of financial markets, motives, institutions, and elites in the operation of the economy and its governing institutions.<ref>Adapted from ''Financialization, Rentier Interests, and Central Bank Policy'', Epstein, 2001.</ref><li>  
   
''JC’s own meaning'': The [[high-modernist]] goal of reducing ''[[ineffable]]'' things to their most calculable, and manipulable ''values''. So: [[David Graeber]]’s ''social'' indebtedness versus ''monetary'' indebtedness.</ol>
2. ''JC’s own meaning'': The [[high-modernist]] goal of reducing ''[[ineffable]]'' things to their most calculable, and manipulable ''values''. So: [[David Graeber]]’s ''social'' indebtedness versus ''monetary'' indebtedness.


The most manipulable, [[fungible]], calculable, aggregatable articulation of [[value]] known to Western society is [[cash]] — [[degenerate fiat capitalism|''fiat'']] cash, sorry [[cryptobro]]s — and it is the common language in which we describe our interrelationships.  
The most manipulable, [[fungible]], calculable, aggregatable articulation of [[value]] known to Western society is [[cash]] — [[degenerate fiat capitalism|''fiat'']] cash, sorry [[cryptobro]]s — and it is the common language in which we describe our interrelationships.  
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