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Which clippings match 'Market Rules' keyword pg.1 of 1
07 FEBRUARY 2012

Kickstarter: funding platform for creative projects

"Kickstarter is the world's largest funding platform for creative projects. Every week, tens of thousands of amazing people pledge millions of dollars to projects from the worlds of music, film, art, technology, design, food, publishing and other creative fields.

A new form of commerce and patronage. This is not about investment or lending. Project creators keep 100% ownership and control over their work. Instead, they offer products and experiences that are unique to each project.

All or nothing funding.On Kickstarter, a project must reach its funding goal before time runs out or no money changes hands. Why? It protects everyone involved. Creators aren't expected to develop their project without necessary funds, and it allows anyone to test concepts without risk.

Each and every project is the independent creation of someone like you.Projects are big and small, serious and whimsical, traditional and experimental. They're inspiring, entertaining and unbelievably diverse. We hope you agree... Welcome to Kickstarter!"

(Kickstarter, Inc.)

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CONTRIBUTOR

Simon Perkins
25 FEBRUARY 2005

Castells: The Network Society And The Business Project

"The unit of this production process is not the firm, but the business project. The firm continues to be the legal unit of capital accumulation. But since the value of the firm ultimately depends on its valuation in the stock market, the unit of capital accumulation (the firm) itself becomes a node in a global network of financial flows. In this economy, the dominant layer is the global financial market, where all earnings from all activities and countries end up being traded. This global financial market works only partly according to market rules. It is shaped and moved by information turbulences of various origins, processed and transmitted almost instantly by telecommunicated, information systems, in the absence of the institutional regulation of global capital flows."

(Manuel Castells, p.9)

[2]. Castells, M. (2000). Materials For An Exploratory Theory Of The Network Society. London, British Journal of Sociology www.tandf.co.uk/journals.

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