This paper counters proponents of the Ôweightless economyÕ who have suggested the Ôdeath of distanceÕ in relation to economic and social activities that use the worldwide web (WWW). An analysis of new media developers in New YorkÕs ÔSilicon AlleyÕ demonstrates that place and distance are still important. The most important aspect of this co-location is the possibility of social interaction. This paper points to the value of analysis of the material practice of the social (and the economic and cultural). The notion of Ôuntraded dependenciesÕ is developed through looking at its manifestation and constitution in the speci®city of space, tim
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