Tagged: liquidity

Social Movements / Social Change / Sociology of Culture / Sociology of Media & Communication

Liquid Charity

by pj.rey In the ten days following the earthquake that devastated Haiti’s capital, Americans used text messaging to donate over $30 million.  Text messaging has been prominent in the news as of late.  Candidate Obama shocked supporters by announcing his vice presidential pick using this new medium.  In 2008, Nielson reported that the average teen sends a whopping 2,272 messages a month.  A new term, “sexting,” entered popular usage following several high profile cases of teens being expelled or even...

Opinion

weightless capitalism

by nathan jurgenson Google announced that its new operating system, Chrome OS, will be free of charge. Further, it is designed to operate in the “cloud,” meaning that most of its functionality will exist online, using internet applications like GMail and Google Documents instead of programs installed on a hard drive (as Windows does). The free cloud-based operating system is designed to run on smaller, lighter “netbooks” -a bright spot in the computer market in these tough economic times. I...

Opinion

facebook, the transumer and liquid capitalism

by nathan jurgenson During this “great recession” capitalism might become lighter and more liquid while older and more solidified traditions wash away in the flux of unstable markets (potentially an economic “reboot,” similar to Schumpeter’s notion of capitalism as “creative destruction”). Zygmunt Bauman’s “liquidity” thesis about our late-modern world becoming more fluid seems relevant in light of the “transumer” and “virtual commodities”, both having received recent attention. The transumer (video) is, in part, one who encounters “stuff” temporarily as opposed...