noun a form of capitalism characterized by the risk-taking and speculation typically associated with gambling in a casino
In politics, 'casino capitalism' can be used to criticize government policies that prioritize the interests of large corporations and financial institutions over the well-being of the general population.
In finance, 'casino capitalism' is used to describe a system where financial institutions engage in high-risk investments and speculative trading for short-term gains.
In sociology, 'casino capitalism' may be studied as a phenomenon that exacerbates income inequality and social instability.
In economics, 'casino capitalism' refers to a form of capitalism where financial markets and speculative activities dominate the economy, leading to excessive risk-taking and instability.
In the context of globalization, 'casino capitalism' may be seen as a consequence of deregulation and the increasing interconnectedness of financial markets.
The term 'casino capitalism' is often used by writers to describe the financial system where high-risk investments and speculative trading dominate, leading to unstable and unpredictable outcomes similar to gambling in a casino.
Psychologists may use the concept of 'casino capitalism' to discuss the psychological impact of financial insecurity and market volatility on individuals and society as a whole.
Economists may use 'casino capitalism' to critique the excessive risk-taking and lack of regulation in financial markets, leading to economic instability and inequality.
Political scientists may analyze 'casino capitalism' as a system that prioritizes short-term profits over long-term sustainability, impacting political decision-making and policy development.
Sociologists may study 'casino capitalism' to understand its effects on social structures, such as widening wealth gaps and the erosion of social safety nets.