The financialization of a city typically involves financial institutions—e.g. banks, investment firms, and real estate funds— expanding into key urban districts. This manifests in buying real estate in these districts for office buildings, listing in the municipality, expanding hiring and in many cases increasing investment into assets in the city.

An individual behind the veil of ignorance has not been born into society yet and has no knowledge about who they will be born as (their socioeconomic class, race, nationality, etc.).