Financialization Quotes

“We have this culture of financialization. People think they need to make money with their savings rather with their own business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the stock market for entertainment.”
― Nassim Nicholas Taleb

“We are Wall Street. It’s our job to make money. Whether it’s a commodity, stock, bond, or some hypothetical piece of fake paper, it doesn’t matter. We would trade baseball cards if it were profitable. …
We get up at 5am & work till 10pm or later. We’re used to not getting up to pee when we have a position. We don’t take an hour or more for a lunch break. We don’t demand a union. We don’t retire at 50 with a pension. We eat what we kill, and when the only thing left to eat is on your dinner plates, we’ll eat that …
We aren’t dinosaurs. We are smarter and more vicious than that, and we are going to survive.”
― Stacy-Marie Ishmael

“Yet it is rare that histories of neoliberalism take into account the insurance-specific dimension of this phenomenon. Insurance is a crucial sector of social life. It reflects the prevalent conception of solidarity - the 'social bond', as we so trivially put it nowadays.”
― Razmig Keucheyan, Nature is a Battlefield: Towards a Political Ecology

“When housing becomes an investment product, the purpose flips. Good housing from a human perspective means affordable, well-maintained, and stable. Good housing from an investment perspective means expensive, growing in value, and with minimized maintenance costs. These goals are directly opposed to each other.”
― Tom Suberg, The System is Working Perfectly: Just Not For You