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The Tenuous Grasp: Possession and Loss in the Marketplace

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  • 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.

Suggested Citation

  • William Redmond, 2019. "The Tenuous Grasp: Possession and Loss in the Marketplace," Journal of Economic Issues, Taylor & Francis Journals, vol. 53(2), pages 532-536, April.
    • Handle: RePEc:mes:jeciss:v:53:y:2019:i:2:p:532-536
    DOI: 10.1080/00213624.2019.1603767
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