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what do meeteren and bassens mean by describing world cities as obligatory passage ponts for the...

what do meeteren and bassens mean by describing world cities as obligatory passage ponts for the relatively assured realization of capital ?
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Meeteren and bassens described the world cities as obligatory passage points. They stated that the advanced producer services become complex when territorialized creator of knowledge about co-constitutive on financial and operation company restructuring, new value circuits and switching of capital. The increase in global financial markets have raised the uncertainty level in regard to capital realization to an extent that Advanced Producer Services (APS) in world cities - as necessary providers and seemingly sufficient expertise as well as authority in collectively earning a fee termed as ‘class monopoly' which yields 'class monopoly rents'

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