3 ms·
Financialization means the fraction of GDP in the finance sector. You can graph it. https://en.m.wikipedia.org/wiki/Financialization https://en.m.wikipedia.org/
by astazangasta 11y ago
Financialization means the fraction of GDP in the finance sector. You can graph it. https://en.m.wikipedia.org/wiki/Financialization https://en.m.wikipedia.org/wiki/Financialization
Free market ideology means stuff peddled by CEI, Heritage, Grover Norquist - tax the rich less, deregulate, fight unions. This doesn't seem especially nonspecific to me.
Also, spending as fraction of GDP hasn't changed that much over time. What has changed is interest rates, which leads to debt accumulation.