Financialism

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"The average successful banker is by no means so intelligent and resourceful a man as is the average successful business man. Yet the banker through his control of credit practically controls the average business man."

Financialism, also known as Bankocracy and Trapezocracy, is a form of government where banks and other financial institutions have political power to rule.

History

  • The term Bankocracy was first used in 1797 by the Scottish deputy and soldier William Fullarton, who stated that "It is Bankocracy which threatens the destruction of the social order... negotiations and peace". Subsequently, several authors and writers on the left have already used the ruling system as a derogatory term, the most notable being: Proudhon, Bakunin and Marx. It is also used in Marxist economics as a way of describing finance capitalism.

Currently, this term is used in a derogatory way by populists to describe the European Union and various financial crises, and some have used it in a derogatory way to capitalism.

  • The term Trapezocracy appeared in 2011 by the Greek economist Yanis Varoufakis in his writings. The term has the same meaning as Financialism, so much so that trapezo comes from the Greek trápeza (τράπεζα) which means bank. Later, the term gained popularity in the Occupy Wall Street protests and is currently used (not a lot, but it is used) derogatory to capitalist economy and neoliberalism.

Personality and Behaviour

Acts like a stereotypical banker from movies and TV shows. How positive or negative depends on the writer.

How to Draw

Flag of Financialism
  1. Draw a ball,
  2. Fill it in with blue,
  3. Draw a white line on the bottom
  4. From the line, draw four vertical pillars of the same height
  5. Atop the pillars, draw a triangular roof
  6. Draw in the eyes, and you're done!
Color Name HEX RGB
Blue #0000FA 0, 0, 250
White #FFFFFF 255, 255, 255

Relationships

Depositors

No debts

  • Anarcho-Capitalism - What was that about central banks?
  • Islamic Theocracy - STOP SAYING THAT USURY IS HARAM!!! IT'S NECESSARY FOR BANKS TO GENERATE INCOME!!! At least you're trying to implement Sharia-compliant banks.
  • Avaritionism - I hire him as a collector of debts. We both like Patrick Bateman (for different reasons), but stop attacking banks because you don't like my policies! (Marc Cheney said, that modern traders and bankers are assassins of people and governments, so...)

Defaulted on debt

Further Information

Wikipedia

Gallery

Navigation

  1. Bateman was a rich young banker