Financialization ate through the ability for people to save, big business financed through the issuance of stocks has similarly destroyed the ability to be an independent small business. In fact, “unemployment” was unknown in pre-civil war America as everyone was self-employed. What happened when hard times hit? People relied on their “land and tools, not to speak of common rights to woodlands and grazing areas, and the ability to hunt and fish.” In other words, Big Capital replaced an economy of entrepreneurs with a society of employees. This depleted the ability of communities to organize local entrepreneurs to weather these economic storms.