Global cities are cities with significant economic power, controlling the concentration and accumulation of global capital and investment. Despite this, global cities are places of growing inequality in employment and income. This is the result of large immigration and growing income inequality, coupled with capacity and resource constraints and inadequate government policies. Global cities are key command areas in the organization of the world economy, serving as a focal point for trade flows and world finance. and containing major markets for leading industries. These cities host major corporate headquarters of multinationals, international banks, and the international division of labor (Macionis & Plummer 2012). Nearly all of the world's finance is controlled by twenty-five of these cities, with New York, London, and Tokyo emerging as the three most powerful centers of world finance. But while these cities are home to large corporations and international financial systems, they are also home to growing numbers of poor people. In global cities there is a strong c...