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z2004-06-23- Rushkoff Money Medium
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It may look like a crisis, but it's only the end of an illusion.
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last edited
by BillSeitz
on
Sep 23, 2008 11:03 pm |
Douglas Rushkoff says money needs to be thought of like other media. [Media Ecologist]-s believe that there's no such thing as a value-neutral medium. TV, the Internet, and even cell phones each have various propensities and biases because of the way they work. The same must be true for money - particularly the kind of money we use here in the United States, which is created by fiat and costs interest to borrow. (There are many examples of currencies throughout history that have worked in other ways, with often better results.) (He also got voted an award for being a Public Intellectual.)
Bill Seitz, fluxent at gmail dot com, Weblog