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Cloudmoney

£10.99

We are often told that the move towards a cashless society is ‘natural progress’, but there is seldom reference to the powerful groups that are vigorously pushing for it. What happens when physical money is replaced completely by digital transactions? In the great battle for global monopolization, different ‘watchers’ are trying to capture and hoard data. Google has search patterns revealing your desires, fetishes and intellectual interests. Facebook has a treasure trove of its users’ special moments and projections of vanity. Yet, if we really want to see what a person is motivated to act upon in society, we should examine their payments data. In ‘Cloudmoney’, Brett Scott uncovers a long-established lobbying infrastructure set up by an alliance of partners, including financial institutions, governments and international agencies, to wage a covert cold war against cash.

In stock

Description

Who really benefits from a cashless society?

Many of us rarely use cash these days. And the reach of corporations into our lives via cards and apps has never been greater. But what we’re told is inevitable is actually the work of powerful interests: the great battle of our time is for ownership of the digital footprints that make up our lives.

Cloudmoney tells a revelatory story about the fusion of big finance and tech, which requires physical cash to be replaced by digital money or ‘cloudmoney’. Diving beneath the surface of the global financial system, Brett Scott uncovers a long-established lobbying infrastructure waging a covert war on cash under the banner of progress but at the cost of our privacy, politics and individual freedom.

‘A wonderfully revolutionary text’ YANIS VAROUFAKIS

‘Scott has struck an important vein that is vital in a digital age’ FINANCIAL TIMES

Brilliant, fascinating and utterly accessible’ KATE RAWORTH, author of Doughnut Economics

Read a sample here

Additional information

Weight 0.245 kg
Dimensions 19.8 × 13 × 2 cm
Author

Publisher

Imprint

Cover

Paperback

Pages

288

Language

English

Edition
Dewey

303.483 (edition:23)

Readership

General – Trade / Code: K