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The Tenuous Grasp: Possession and Loss in the Marketplace
Authors:William Redmond
Abstract:Generally speaking, markets serve as provisioning mechanisms, facilitating the supply of goods and services to customers. Extensive supply chains with specialist intermediaries create a flow of diverse items to consumers. However, market institutions can also serve as a de-provisioning technology, taking things away from customers. That is, markets can work in reverse. One example is the repossession of a vehicle. The process is often detrimental to low income and minority individuals.
Keywords:repossession  foreclosure  market mechanisms  inequality
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