“A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.”

— Peter Dicken

Source: Global Shift (2003) (Fourth Edition), Chapter 13, The Financial Services Industries, p. 469

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Peter Dicken 20

British geographer 1938

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“A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.”

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Peter Dicken 20

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