Financialization | Vibepedia

Financialization refers to the increasing importance of financial markets and institutions in the global economy, leading to a shift from industrial to service-oriented economies. This phenomenon, which began in the 1980s, has been driven by the growth of financial instruments, deregulation, and the rise of neoliberal economic policies. As a result, financialization has transformed the way companies operate, with a greater emphasis on shareholder value and short-term profits.