Gifting and value at Burning Man

He says gifting—defined as the act of giving without the expectation of anything in return—alters the notion of value.

“What counts is the connection, not the commodity,” Harvey says.

“Crowdsourcing effectively removes the power from large money groups to decide what gets made and what doesn’t,” says Matt Schultz, the artist behind several behemoth Burning Man pieces, of the crowd-funding phenomenon. “It enables the power of individuals to decide. It allows us to find the resources we need to make something amazing. It democratizes the act of production.”

“People invest in the joy it will bring to other people,” says Schultz. “We’re trying to tell people to invest in things not because they’ll get a profit, but because it’s beautiful, because it’s compelling.”

 

 The Atlantic – The Wonderful, Weird Economy of Burning man

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