the ‘increasing role of financial motives, financial markets, financial actors and financial institutions in the operation of the domestic and international economies’

www.ippr.org/publications/definancialisation-a-democratic-reformation-of-finance

“One of the most worrying long-term consequences of financialisation is the reduction in the capacity of democratic states to meet the demands of their citizens over the demands imposed on them by financial and corporate institutions, institutions which are increasingly free from the responsibilities that were imposed upon them by confident social democracies in the middle of the last century.”

www.ippr.org/publications/definancialisation-a-democratic-reformation-of-finance