We turn now from contextual summaries of broad topics to more specific analyses of focused problems. The case in point this week is the curious interplay of market and economic themes in discourses and studies of the internet. There are several fascinating phenomena associated with the rise of the internet as a platform for trade as well as communication and computation. These, however, have roots that run deeper than their own emergence, in the economic and historical conditions that undergird the internet’s development. As trade and commerce proliferate online, they mimic (at least at first) the structure and behavior of their non-internet predecessors, which themselves must shift or extend their positions to accomodate this competition. As internet markets continue to grow and find their own forms, their effects on their non-internetted counterparts deepens. And as financial instruments and economic models become more closely attuned to internet machinations, it becomes easier – from a cultural or social standpoint – to overlook the most obvious historical and global correlations to this situation.
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