Ufinansowienie gospodarki i finansowy wzrost wartości
Financialization of the Economy and the Increase of Value

Summary/Abstract: The article discusses the issue of financialization the economy and the connection between this process and the increase of value. The essence and history of finance are presented. Subsequently, consideration was given to the link between the financialization of the economy and the causes and effects of the financial crisis, including the pros and cons of financialization. The third element of the discussion was the connection of financial operations to the real economy. It was proposed to consider financial activity generating additional value in two areas: the first to be considered as a result of evolutionary processes (which was termed “financial evolution”) and the second one which was considered as a result of the “dark side of finance” and which resulted from fraudulent activities (which was termed “financial fraud”). Finally, a model of money circulation in the economy was proposed, taking into account the phenomenon of financialization.

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