May 27, 2016· 23 min

30: How Finance Took Over the World

Orality
Model
79%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostJoe Weisenthal(120 words)
M:83%
HostTracy Alloway(731 words)
M:29%
GuestSatyajit Das(2,960 words)
M:27%

Oral Indicators

Agonistic58%
very, obviously, basically
Engagement62%
you, our, your
Memory Aids100%
listen, so, like
Repetition100%
which (41x), think (30x), actually (29x)
Parallelism100%
So have you heard the story ab..., So today joining me, we have a..., But we are not just going to t...
Sound Patterns32%
13 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases10%
i mean, to be honest

Literate Indicators

Hedging16%
maybe, rather, might
Passive Voice5%
was inspired, was called, are addicted
Abstract Nouns26%
investment, prescription, medication
Subordination5%
because, therefore
Sentence Length48%
Avg: 17.0 words/sentence
Word Complexity51%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style38%
252 personal pronouns found
Descriptive Style100%
automatically, family, actually

Description

The U.S. spends 8 percent of its GDP on finance -- twice the amount it did 40 years ago, according to economist Brad DeLong. That figure set off a wave of soul-searching recently as commentators asked how ``the financialization of the world'' came to be and others attempting to answer that very question. This week, we speak with Satyajit Das about how finance took over the economy, markets and monetary policy. A former banker, trader and corporate treasurer, Das is well-placed to walk us through the development of global financialization and its pitfalls. Along the way we talk bonuses, negative interest rates, home safes and (of course!) alien invasions. See omnystudio.com/listener for privacy information.