By Wendy Williamson
WendyWilliamson.com
July 13, 2026
"The economy doesn't work for you - it works to extract from you." -Michael Hudson
Financialization is a word you have probably heard in economic news, but its true meaning is rarely explained. The popular media treats it as the natural growth of finance in a modern economy-simply the evolution of markets. But financialization is not natural, and it is not evolution.