Financial Services Industry - Revision history

Marcin at 16:27, 3 July 2020

2020-07-03T16:27:58Z

← Older revision		Revision as of 16:27, 3 July 2020
Line 9:		Line 9:
	*Financial services are not completely out of control - not like they are as large or larger than the rest of the economy.		*Financial services are not completely out of control - not like they are as large or larger than the rest of the economy.
	*If the growth of finance capital continues, several historical cased all ended up in collapse. This is a thing: called [[Financialization]]		*If the growth of finance capital continues, several historical cased all ended up in collapse. This is a thing: called [[Financialization]]
			*It is also instructive to read about [[Finance Capitalism]] as opposed to liberal capitalism.

Marcin: /* Analysis */

2020-07-03T16:20:59Z

Analysis

← Older revision		Revision as of 16:20, 3 July 2020
Line 8:		Line 8:
	*One must remember that the reason why financial services are huge - is the unbridled productivity of modern machines, such as 500hp tractors and 450 ton dumptrucks costing $6M.		*One must remember that the reason why financial services are huge - is the unbridled productivity of modern machines, such as 500hp tractors and 450 ton dumptrucks costing $6M.
	*Financial services are not completely out of control - not like they are as large or larger than the rest of the economy.		*Financial services are not completely out of control - not like they are as large or larger than the rest of the economy.
			*If the growth of finance capital continues, several historical cased all ended up in collapse. This is a thing: called [[Financialization]]

Marcin: Created page with "=Figures= 7% of US GDP - [https://www.selectusa.gov/financial-services-industry-united-states#:~:text=Overview,of%20U.S.%20gross%20domestic%20product.] 20% of US GDP - [htt..."

2020-07-03T16:14:48Z

Created page with "=Figures= *7% of US GDP - [https://www.selectusa.gov/financial-services-industry-united-states#:~:text=Overview,of%20U.S.%20gross%20domestic%20product.] *20% of US GDP - [htt..."

New page

=Figures=

*7% of US GDP - [https://www.selectusa.gov/financial-services-industry-united-states#:~:text=Overview,of%20U.S.%20gross%20domestic%20product.]
*20% of US GDP - [https://www.google.com/search?q=us+gdp+by+source&client=ubuntu&hs=sn6&source=lnms&tbm=isch&sa=X&ved=2ahUKEwjA2aaWubHqAhXQlHIEHcpJA38Q_AUoAXoECA8QAw&biw=1686&bih=830#imgrc=hOo8qIAe-HbBKM]

=Analysis=
*Simplistic analysis - If 20% of US GDP - then 1 in 5 people work in the financial industry? If not, then there is concentration of capital.
*One must remember that the reason why financial services are huge - is the unbridled productivity of modern machines, such as 500hp tractors and 450 ton dumptrucks costing $6M.
*Financial services are not completely out of control - not like they are as large or larger than the rest of the economy.

Financial Services Industry - Revision history

Marcin at 16:27, 3 July 2020

Marcin: /* Analysis */

Marcin: Created page with "=Figures= *7% of US GDP - [https://www.selectusa.gov/financial-services-industry-united-states#:~:text=Overview,of%20U.S.%20gross%20domestic%20product.] *20% of US GDP - [htt..."

Marcin: Created page with "=Figures= 7% of US GDP - [https://www.selectusa.gov/financial-services-industry-united-states#:~:text=Overview,of%20U.S.%20gross%20domestic%20product.] 20% of US GDP - [htt..."