Topic > Explaining Social Stratification - 1390

The influence of financial institutions has expanded rapidly in recent years, a move that has shaped and changed global economic governance. Current national institutions, as well as global ones, have failed to realize unequal treatment in credit markets and have introduced crisis into the financial sector. Countries around the world have experienced a system of increasing dominance in the country's financial situation, although there are different approaches to conceptualizing finance. The key role of financialization during the accumulation process is usually contradictory. There are some aspects of financialization that support capitalism, most of which are associated with the production of assets in labor capital. From another perspective, financialization has become a great phenomenon in economic institutions, especially in the situation of families and capital strategies (Lobao & Linda,