Money Quote by David Harvey
““Neoliberalization has meant ,in short,the financialization of everything.There was unquestionably a power shift away from production to the world of finance.””
About This Quote
Source Book: A Brief History of Neoliberalism, 2005
Neoliberalism turned the economy into a financial system, moving power from producing goods to managing money.
In simple terms: Finance now dominates over production.
Question the impact of finance‑centric policies.
Themes
Mood
Type
When to use this quote
- policy analysis
- investment strategy
- corporate governance
- public debate
Key Concepts
Questions to Reflect On
- What are the social costs of financialization?
- Can production be re‑valued in policy?
Financial dominance can increase inequality and reduce real‑world production.