Acting Underneath the Economic Radar in Yarn Corner

 

Yarn Corner: We're not a giant yarn store.

It would be lovely to have as much yarn as the picture above; however Yarn Corner is strictly a non-for-profit organization. You'll find no advertisements and no public companies, even though we fit the following criteria of a Laissez - Faire Economic system according to Van Luyn, 2013:

1. The Individual is the basic unit in society (we need many individuals to function!)

2. The individual has a natural right to freedom (we can yarn bomb what we want, but we do have some ground rules)

3. The physical order of nature is a harmonious and self-regulating system

The only way our virtual network is connected to real- life products, goods and exchanges is through the Yarn Bombs we create. Yarn bombs are installed in Melbourne, Australia; however women and men from all over the world mail pieces in for installation. The power of Facebook allows overseas members to sign up for a project with the convenience of mail to send in their pieces. This is a complete turnaround from the current economy, with our method of production described as: the old way of making things involved taking lots of parts and screwing or welding them together. (The economist, 2012) The members of the general public are the winners in this situation; the more varied pieces we receive, the more yarn bombs are installed to inspire them. Without Facebook, such a large amount of pieces wouldn't be available.

Transnational corporations are the primary movers and shapers of the global economy. (Dicken, 2007 p.437) However Yarn Corner has nothing to do with the global economy. We are very small in the greater scheme of things and we do not sell products, nor can you buy them. We work in trading happiness, smiles, yarn shop websites and crochet & knitting patterns!

References

Dicken, P. (2007). Winning and Losing: An introduction. In P. Dicken, 5th Edition Global Shift (p. 437). London: SAGE Publications Ltd.

Patricia Roberts Knitwear (2013)  Yarn2  [Image]. Retrieved from:                  http://www.patriciaroberts.co.uk/yarn2.php

The Economist. (2012, April 21). Manufacturing: The third industrial revolution. Retrieved from The Economist: http://www.economist.com/node/21553017/print

Van Luyn, A. (2013, September 15). Lecture 8: Stuff. Townsville, Queensland, Australia.