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Saskia Sassen

Electronic Markets and Activist Networks

Saskia Sassen | Make Worlds | January 8, 2004

"Digitization of transactions and instruments has been central to this multiplication of types of derivatives and their increased complexity. The overall result has been a massive increase in the extent to which the financial industry has been able to securitize various forms of what were previously considered untradeable assets or were simply not considered as assets, e.g. many forms of debt." [more]

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