Like the term globalization ten years ago, financialization now increasingly supplies the concept for a process that concerns us all. Used more prominently in the past ten years by academics and journalists interested in the major players, motives and results of the intrusion of the capital market, it is also used in discussions about different processes at different sites in the economy and the financial outcomes and social effects.Using extracts from key literature from a range of disciplines, expertly contextualized by the editors, this is the first reader to provide a comprehensive and critical overview of this diverse field. Representing the different approaches to financialization as an economic and social process at micro and macro levels, this text gives readers from a range of subjects including finance, strategic management, economics and accounting an overview of this challenging and important subject.
