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Rights and Money

In: The Invisible Republic

Author

Listed:
  • Robbie Smyth

    (Griffith College)

Abstract

Relationships with money are central to how we live today. Many of us spend most of our lives in debt. We feel we don’t have enough cash resources, which means we have to rent money, usually as loans from banks, and then we owe more money. Industrialised economies revolve around money. Everything deemed important has to have a monetary value. An endless number of activities and objects are denominated in monetary terms. Money is seen as an objective measure, but how efficient is it in mediating between the interdependencies that economic activity creates. Money is in fact a power for those who have surpluses of it and source of inequality for those who don’t. It impacts negatively on individual rights. Now as society moves through a new technology revolution, the impacts of the internet, and digital information flows puts in question the whole rationale for having money in the first place.

Suggested Citation

  • Robbie Smyth, 2022. "Rights and Money," Springer Books, in: The Invisible Republic, chapter 0, pages 37-53, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-86734-8_2
    DOI: 10.1007/978-3-030-86734-8_2
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