different between financialize vs financialization

English

Etymology

financial +? -ize

Verb

financialize (third-person singular simple present financializes, present participle financializing, simple past and past participle financialized)

1. To convert intangible value into financial instruments.

Related terms

• financialization

English

Alternative forms

• financialisation

Etymology

From financialize +? -ation.

Pronunciation

• (UK) IPA^(key): /f???nan?l????ze??n?/

Noun

financialization (uncountable)

1. (economics) Conversion of intangible value into financial instruments.
   • 2014, M. Haiven, Cultures of Financialization: Fictitious Capital in Popular Culture and Everyday Life, Springer (?ISBN), page 1:

     This book is a contribution to efforts to retheorize financialization, a term which refers to the increased power of the financial sector in the economy, in politics, in social life and in culture writ large.

   • 2014, J. Timmons Roberts, Amy Bellone Hite, Nitsan Chorev, The Globalization and Development Reader: Perspectives on Development and Global Change, John Wiley & Sons (?ISBN), page 294:

     First, it is necessary to be explicit about what I am not asserting: specifically, that financialization represents an entirely novel phase of capitalism.

   • 2015, Martin Ford, The Rise of the Robots, Oneworld Publications:

     The primary complaint leveled against the financialization of economies is that much of this activity is geared towards rent seeking.

   • 2015, Sebastiano Fadda, Pasquale Tridico, The Economic Crisis in Social and Institutional Context: Theories, Policies and Exit Strategies, Routledge (?ISBN)

     The most widely cited definition of the term ‘financialization’ is probably that given by Epstein (2005) in his introduction to his edited book Financialization and the World Economy: ‘here we will cast the net widely and define financialization quite broadly: for us, financialization means the increasing role of financial motives, financial markets, financial actors, and financial institutions in the operation of the domestic and international economies’ (p. 3).

Related terms

• financialize

Further reading

• financialization on Wikipedia.Wikipedia