Quotes About Financialisation

My hope that Thatcher would inadvertently bring about a new political revolution was well and truly bogus. All that sprang out of Thatcherism were extreme financialisation, the triumph of the shopping mall over the corner store, the fetishisation of housing and Tony Blair.

In an illuminating comment on the financialisation of business, Jack Welch — now long retired from General Electric — would in 2009 proclaim shareholder value 'the dumbest idea in the world.