Why 'Financialization' Is The Real Threat To American Businesses

By Steve Kraske,

Published May 27, 2016 at 1:51 PM CDT

Most of us get that the U.S. government failed to fix the banking system after the Great Recession. The irony is that the world of high finance and wealth creation is still ruling the country, while the financial system is as vulnerable as ever.

Guest:

Rana Foroohar is an assistant managing editor at TIME and the magazine's economics columnist. She is the author of Makers and Takers: The Rise of Finance and the Fall of American Business.

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Steve Kraske

When I host Up To Date each morning at 9, my aim is to engage the community in conversations about the Kansas City area’s challenges, hopes and opportunities. I try to ask the questions that listeners want answered about the day’s most pressing issues and provide a place for residents to engage directly with newsmakers. Reach me at steve@kcur.org or on Twitter @stevekraske.

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Danie Alexander

As senior producer of Up To Date, I want our listeners to hear familiar and new voices that shine light on the issues and challenges facing the myriad communities KCUR serves, and to expose our audiences to the wonderful and the creative in the Kansas City area. Just as important to me is an obligation to mentor the next generation of producers to ensure that the important conversations continue. Reach me at alexanderdk@kcur.org.

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