Theories of financialization of non-financial corporations: a critique
Brazilian Journal of Political Economy, Vol. 42 No. 1 (2022), Jan-Mar / 2022, Pages 128-149
Financialization is often seen as a consequence of higher returns on financial
assets. Yet, how can that be possible if the rate of interest is systematically lower than the
profit rate? This article addresses this issue.
JEL Classification: E11.
Keywords: Financialization financial returns rate of profit