Abstract
Crowdfunding is nothing new; it was prohibited in 1933 as an antidote to the Great Depression and revived in 2012 as a cure for the Great Recession. Indeed, post-civil war America was built on crowdfunding during an era when the entire financial system rested on a foundation of investment from ordinary Americans who could freely invest, without limitation, in anything they wanted to by buying stocks and bonds through syndications—the crowdfunding of the day.
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Gower, A. (2018). Introduction. In: Leaders of the Crowd. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-00383-8_1
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DOI: https://doi.org/10.1007/978-3-030-00383-8_1
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Publisher Name: Palgrave Macmillan, Cham
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Online ISBN: 978-3-030-00383-8
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