financialize
Turn into securities
Financialize means to make financial considerations central to something that wasn't primarily about finance.
Industries financialize when profit extraction and shareholder returns dominate over production or service: Healthcare has become financialized, prioritizing investor returns over patient care.
The noun financialization describes this broader economic shift, particularly since the 1980s, toward financial markets and instruments as the primary engines of profit.
Bundling debts into investable instruments
- derivativesThings derived from another
- asset-backedSecured by underlying property
- collateralizedBacked by pledged assets
- tranchesPortions of a whole
swaps · options · futures · commoditization · mortgage-backed · repos · leverage · hedging
Ownership stakes or inventory
- securitiesTradeable financial assets
- equitiesOwnership stakes in corporations
- bondsTies that unite
- forexCurrency trading market
exchange · index · portfolio · trading · liquidity · volatility · over-the-counter
Converting something into revenue
- commodificationTransforming into sellable goods
- marketizationConverting to commerce-driven systems
- rent-seekingGaining through system manipulation
- extractionAct of removing
disintermediation · deregulation · liberalization · abstraction · quantification · offshoring · outsourcing
Air-filled film sphere
- crashSudden violent impact
- inequalityUnequal distribution of resources
- instabilityTendency toward unpredictable change
- boom-bustCyclical economic volatility
short-termism · austerity · dispossession · precarity · deindustrialization
Those who assess risk
- broker-dealersSecurities transaction intermediaries
- quantsMathematical finance specialists
securitization
Bundling debts into investable instruments
- derivativesThings derived from another
- asset-backedSecured by underlying property
- collateralizedBacked by pledged assets
tranches · swaps · options · futures · commoditization · mortgage-backed · repos · leverage · hedging · arbitrage
stocks
Ownership stakes or inventory
- securitiesTradeable financial assets
- equitiesOwnership stakes in corporations
- bondsTies that unite
forex · exchange · index · portfolio · trading · liquidity · volatility · over-the-counter
monetization
Converting something into revenue
- commodificationTransforming into sellable goods
- marketizationConverting to commerce-driven systems
- rent-seekingGaining through system manipulation
extraction · disintermediation · deregulation · liberalization · abstraction · quantification · offshoring · outsourcing
bubble
Air-filled film sphere
- crashSudden violent impact
- inequalityUnequal distribution of resources
- instabilityTendency toward unpredictable change
boom-bust · short-termism · austerity · dispossession · precarity · deindustrialization
underwriters
Those who assess risk
- broker-dealersSecurities transaction intermediaries
- quantsMathematical finance specialists
financializeindustrialize
Develop manufacturing capacity
manufacture · reindustrialize · produce · make · build
financializematerialize
Become physically present
physicalize · concretize · ground · embody · realize
financializedemocratize
Extend rights broadly
socialize · mutualize · localize · humanize · collectivize