http://news.absurd.services/taxonomy/term/647/all en http://news.absurd.services/monetizing-crowds <div class="field field-type-nodereference field-field-reference"> <div class="field-items"> <div class="field-item odd"> <a href="/renee-ridgway-1">Renée Ridgway</a> </div> </div> </div> <div class="field field-type-datestamp field-field-date"> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">Wednesday, 11. December 2013 (All day)</span> </div> </div> </div> <fieldset class="fieldgroup group-photos"><div class="field field-type-filefield field-field-photos"> <div class="field-items"> <div class="field-item odd"> <img class="imagefield imagefield-field_photos" width="674" height="307" title="opentekst5" alt="opentekst5" src="http://news.absurd.services/sites/default/files/opentekst5.jpg?1386783043" /> </div> </div> </div> <div class="field field-type-number-integer field-field-num-images"> <div class="field-items"> <div class="field-item odd"> 1 </div> </div> </div> </fieldset> <p>In Marxist theory capitalism is unified through the exchange of commodities that mediate the interaction between people and their relations. Unlike feudal societies where people interacted subjectively and were familiar, in capitalism the producers of the products of labour in the factory are invisible and anonymous, and people relate to each other through the &lsquo;universal equivalent&rsquo; or &lsquo;money form&rsquo;. [1] The social relations, then, appear as material objects or things, along with money as a fetishized commodity as a result of the reifying effects of this universalised trade in commodities. Nowadays, with the increasing advancement of digital technologies, microfinance enables monetary exchanges between willing and known parties through crowdfunding campaigns.</p> <p><a href="http://news.absurd.services/monetizing-crowds" target="_blank">read more</a></p> commodity crowdfunding digital economies financial crisis monetization new economy social factory social relations universal equivalent Wed, 11 Dec 2013 17:35:56 +0000 rr 2410 at http://news.absurd.services