markets

Does the market need freedom, or is it modern sharecropping?

During breakout sessions at Berlin's Free Culture Research Conference, Giorgos Cheliotis from the National University of Singapore led a discussion stemming from a recent conversation with Lawrence Lessig. The intention was a thought experiment comparing “free”--freedom and free culture—in the market with sharecropping.

Mike Linksvayer, vice-president of Creative Commons, addressed this broad conversation's main challenge on Twitter: » Read more

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GROUND LAB Part 2: Open source and the manufacturing shift

The second major contextual situation that has influenced our company is the shift of manufacturing out of the US. With this shift, the US market is starting to lack the influence of American middle class spending habits. The general consuming structures of Fordism will apply less and less to the US market and therefore the R&D, design, and arts industries will also either move their nexuses to China or drastically change shape. » Read more

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Which is better: efficient markets or efficient communities?

In my post last week, I talked about what I see as inefficiencies in the system design of many crowdsourcing projects. Today, I thought I'd stick with the inefficiency theme after reading a blog by Umair Haque entitled The Efficient Community Hypothesis (thanks to Rebecca Fernandez for pointing it out). » Read more

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