Disintermediation

Any disintermediation crisis, such as has occurred three times since 1966, causes mortgage money to dry up and slow down new housing construction which the country desperately needs.

The news industry is undergoing a massive disintermediation due to the ubiquitous low-cost communication made possible by the internet.

New-media thinkers, with their appetite for disintermediation and creative destruction, implicitly endorse and advance this transformation.

The logic of disintermediation seems self-evident: By putting factories directly in contact with stores, by helping customers order directly from manufacturers, by letting riders coordinate with drivers, you cut out a needless source of waste and inefficiency.