Scarcity, abundance and value: the economics of digital culture
Understanding the changing relationship between scarcity and abundance – and how they affect value – is essential for visual storytellers seeking to operate in the new ecology of information.
The foundation for this changing relationship is the fact that the web is built on a structurally open system.
Open doesn’t mean all is equal and free of from power.
There are, for example, obvious international inequalities in terms of geographic and class access to the Internet.
It is also true that commercial interests (whether that be Amazon, Facebook, Google, Twitter or individual corporations) are able to exercise great power on the web…