Theorizing financialization
本文回顾了经济和社会学文献中对金融化的不同定义，基于古典马克思主义分析了金融化的三个特征：大企业减少依赖银行、银行转向开放金融市场和家庭交易、家庭更多参与金融，并指出资本主义利润来源随之改变。
The crisis of 2007–9 has cast fresh light on the ascendancy of finance in recent years, a process that is often described as financialization. The concept of financialisation has emerged within Marxist political economy in an effort to relate booming finance to poorly performing production. Yet, there is no general agreement on what it means, as is shown in this article through a selective review of economic and sociological literature. The article puts forth an analysis of financialization that draws on classical Marxism while remaining mindful of the recent crisis. Financialization represents a systemic transformation of mature capitalist economies with three interrelated features. First, large corporations rely less on banks and have acquired financial capacities; second, banks have shifted their activities toward mediating in open financial markets and transacting with households; third, households have become increasingly involved in the operations of finance. The sources of capitalist profit have also changed accordingly.