Author: Alexis Benos

Turan Subasat, Stavros Mavroudeas. Financialization Hypothesis: A Theoretical and Empirical Critique. World Review of Political Economy 2023 The financialization hypothesis (FH) is a popular leitmotiv which argues that the financial system conquers the commanding heights of the capitalist economy. It maintains that finance gained independence from productive-capital and began to dominate it. The FH bases…