Financialization creates a sugar effect early on (bringing forward consumption and growth through borrowing) but becomes toxic over time, because those closest to the fountain of capital become richer while ordinary wage-earners become poorer, massively accelerating inequality.
causalpending
Speaker
Victor JvetsayEvidence Quote
“Initially what we had is the sugar effect... But then over time it becomes negative. It becomes toxic... the closer you to the fountain of money, the closer you are to the fountain of assets, the vast and richer you become... The more you're conventional individual relying on wages... the poorer you have become.”
Created: 8/11/2026, 6:33:00 AM
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