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Money Machines: Electronic Financial Technologies, Distancing, and Responsibility in Global Finance

Money Machines: Electronic Financial Technologies, Distancing, and Responsibility in Global Finance

Hardcover

Investing & FinanceGeneral SociologyHistory & Philosophy of Science

ISBN10: 1472445082
ISBN13: 9781472445087
Publisher: Routledge
Published: Apr 28 2015
Pages: 212
Weight: 1.05
Height: 0.50 Width: 6.14 Depth: 9.21
Language: English
Money Machines focuses on the role of technology in global finance and reflects on the ethical and societal meaning and impact of financial information and communication technologies (ICTs). Exploring the history, metaphysics, and geography of money, algorithms, and electronic currencies, the author argues that financial ICTs contribute to impersonal, disengaged, placeless, and objectifying relations, and that in the context of globalization these 'distancing' effects render it increasingly difficult to exercise and ascribe responsibility. The book also examines the ways in which contemporary techno-financial developments can be resisted or re-oriented in a morally and socially responsible direction - not without, but with technology.

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Investing & Finance