Solutions to financialization require abolishing capitalism, not just re-regulating finance

Evidence

I am of the belief that any attempt to answer the challenges of financialization, both structurally and ethically, must be grounded in the necessity of the abolition of capitalism. — Max Haiven, Cultures of Financialization, 34

Categorization

• DEEPTHINKING: Not quite top 5% — it’s a strong political-positioning claim but stated plainly without the nuance that would lift it to paradigm-shifting.
• XREF: connects to: Capitalism functionally requires excluding citizens from economic decisions. — Clara E. Mattei, Escape from Capitalism, 372; Financialization is integral to capitalism, not a product of deregulatory excess — Max Haiven, Cultures of Financialization, 34; Resistance to financialization cannot succeed in isolation from broader systemic struggle — Max Haiven, Cultures of Financialization, 551 (+5 more)

Broader Connections

• Resistance to financialization cannot succeed in isolation from broader systemic struggle #corroborates (0.85) — Max Haiven, Cultures of Financialization, 551