A patronage dividend is a refund that a co-operative distributes to its members as a share of the co-op’s profits. Unlike a regular stock dividend, a patronage dividend is not a return on investment.

Technology is changing the landscape for art patronage, according to a new report from TEFAF titled “Art Patronage in the 21st Century.” Today, for as little as $5, people can support all manner of ...

Patronage became the dominant factor in political organization from the election of Andrew Jackson in 1828 until the passage of the Pendleton Civil Service Act in 1883. It was a way for party leaders ...

The non-fungible tokens for art and culture that have been making waves in recent weeks are economic peculiarities. They offer ownership – cryptographic, certain, secure ownership – but none of the ...

Political patronage—the distribution of jobs, contracts, and emoluments—is often seen as a form of political corruption. However, it was originally popularized in the United States to ensure that the ...

Throughout the centuries, the patronage system has allowed for the redistribution of wealth from the business class to the creative class—the members of which were often assumed to be starving and in ...

Human tendencies towards patrimonialism have existed for thousands of years. In hunter-gatherer societies, humans had to establish restricted circles of trust among tribes due to the constant war for ...