scholarly journals Digitization and the evolution of money as a social technology of account

Author(s):  
Michael Peneder

AbstractThroughout the history of monetary thought, economists have predominantly emphasised the function of money as a medium of exchange along with the intrinsic properties that enhance its salability and credibility as the most liquid store of value. But the social institution of money co-evolves with technology. It is significant that the advent of digital crypto-currencies was initiated by computer scientists and has taken economists completely by surprise. As a consequence, it also forces our profession to rethink the basic phenomenology of money. In accordance with the views of Wieser and Schumpeter, digitization brings to the fore the immaterial function of money as a standard of value and social technology of account, which increasingly absorbs its function as a medium of exchange. The potential impact of this on economic policy is huge. The variety of different crypto coins has proven the technical feasibility of competing private currencies as proposed by Hayek. In the long term, however, there is reason to doubt the persistence of intense competition. One must fear that major digital platforms will extend their current dominance in multisided virtual market places to include digital payments and money. Central banks are increasingly anxious to preserve public sovereignty over the common unit of account and are considering issuing their own digital fiat money. After the current era of intense creative experimentation, the potentially new spontaneous order of private crypto-currencies is likely to be supplanted by central bank digital currencies (CBDCs), the design of which will depend on deliberate public choices and policies.

1968 ◽  
Vol 9 (1) ◽  
pp. 1-11
Author(s):  
Margaret Scotford Archer ◽  
Michalina Vaughan

In the sociology of Max Weber, the history of any social institution corresponds to the constant interplay of a dominant and an assertive group and their supportive ideologies. While Weber himself posited the relevance of such interaction for the study of educational change, he limited himself to the description of historical stages in this process without attempting to account for their sequence. To do so requires a specification of the necessary condition for successful educational domination or assertion by any group. The factors of such domination over the social institution of education may at times coincide with those required for social domination–defined as domination over the main institutions of a society. This coincidence will depend on the degree to which education is integrated with other social institutions. When education is largely unintegrated with such institutions, the group dominating it will tend to be distinct from the ruling group in society. A corresponding statement can be made about assertion. However, as education is never completely autonomous, a theory of educational change (1) necessarily goes beyond this institution to the extent to which it is integrated with others.


2016 ◽  
Vol 8 (2) ◽  
pp. 111
Author(s):  
Nur Faizah

Religion is a social institution, especially for the Muslim community in general, determine the dynamics of the entire development community. In many cases the social processes that marginalizing women, intentionally or not, often involving religion as elements forming knowledge about relationships between men and women are unequal, and often used as a source of theological legitimacy of the above indisputable fact that marginalize women. During this time, the field of study of the Qur’an many scholars dominated philology and history. This led to a prolonged confusion between the text and the history of salvation history, which is implicit in it. This needs to be solved, with the view that the text of the Qur'an and his commentary as an expression of the views of Islam. This is where the importance of the legacy of structuralism in a given interpretation. By using Levi-Strauss' structuralism, an attempt to determine the relationship webs in the narrative, the relationship is either syntagmatic or paradigmatic, to find hidden messages or messages that are deepest in the verses of the Qur’an.  [Agama merupakan institusi sosial, terutama untuk masyarakat muslim pada umumnya, sangat menentukan seluruh perkembangan dinamika masyarakat. Dalam banyak kasus proses sosial yang memarginalisasikan perempuan, sengaja atau tidak, sering melibatkan agama sebagai unsur pembentuk pengetahuan tentang relasi laki-laki-perempuan yang timpang dan seringkali dijadikan sumber legitimasi teologis yang tidak terbantahkan atas kenyataan yang menyudutkan perempuan. Selama ini, bidang kajian al-Qur’an banyak didominasi sarjana filologi dan sejarah. Ini memunculkan kerancuan berkepanjangan antara sejarah teks tersebut dan sejarah penyelamatan, yang secara implisit terkandung di dalamnya. Hal ini perlu dipecahkan, dengan memandang bahwa teks al-Qur’an dan tafsirnya sebagai ungkapan pandangan-pandangan Islam. Di sinilah pentingnya strukturalisme dalam memberi kekayaan khazanah penafsiran. Dengan menggunakan strukturalisme Levi-Strauss, sebuah upaya untuk mengetahui jaring-jaring relasi dalam narasi, baik relasi tersebut bersifat sintagmatik maupun paradigmatik, untuk mengetahui hidden message atau pesan terdalam yang terdapat dalam ayat-ayat al-Qur’an.]


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Isabella Oliveira Medeiros ◽  
Simone Evangelista ◽  
Simone Pereira de Sá

PurposeThe paper aims to discuss the tensions between rock and pop genres at Rock in Rio, the most significant music festival in Brazil (which also has had international editions in Portugal, Spain and the USA), analyzing the construction and consolidation of Rock in Rio as a rock-related brand and mapping the disputes, negotiations and controversies between rock and pop music fans.Design/methodology/approachThe authors analyze those facts from a framework composed by discussions about musical genres (Frith, 1996; Blacking, 1995), social constructions about rock and pop, as well as debates about taste as performance (Hennion, 2007) on digital platforms. The corpus consists of 58 posts published between 2018 and 2019 in the period prior to Rock in Rio 2019, analyzed qualitatively.FindingsBy recalling the history of Rock in Rio, the authors demonstrate that the discourses and strategies involving the festival are contradictory, which reflects on disputes about the meanings of festivals on social media. A diverse set of controversy was found, such as discussions about the artists' authenticity as well as arguments that refer to the social constructions linked to certain musical genres.Originality/valueThe paper analyzes the Rock in Rio music festival from a perspective that is not observed very often, offering insights about the relevance of music genres as mediators of the perception of the festival as a brand and the controversies involving fans and anti-fans.


2019 ◽  
Vol 42 (4) ◽  
pp. 1-16
Author(s):  
Jasmine Simone Kirby

Since the mid-2000s digital platforms have emerged to take advantage of the capabilities of new technology to incorporate media content, tell nonlinear stories, and reinvent the book for the 21st century. Sophie 1.0, from the University of Southern California, the Institute for the Future of the Book (IFB), and computer scientists based in Europe, was an attempt to create a multimedia editing, reading, and publishing platform. Sophie 2.0 was an international collaboration between the University of Southern California and Astea Solutions in Bulgaria to rewrite Sophie 1.0 in the Java programming language. This research will explore how the Sophie 2.0 project was unable to become a viable and wellmaintained open source product despite receiving over a million dollars in funding from the Mellon Foundation. Problems included the technological difficulty of creating an easy-to-use but completely customizable open source multimedia e-publishing platform, which was also compounded by competing visions over what this project was to be. Stakeholders did not demand a deliverable that actually worked. Funders seemed willing to overlook weaknesses in early releases for a more encompassing, if impractical, project. The computer scientists wanted to add the most features possible while, the IFB and USC Institute for Multimedia Literacy focused on creating a product based on the values of a future they hoped to create. Understanding what went wrong with Sophie 2.0 can help us understand how to create better digital media scholarship tools and to start much needed discussions about failure in the digital humanities.  


1996 ◽  
pp. 159-167
Author(s):  
Immanuel Etkes

This chapter focuses on the zaddik. The bulk of the scholarship concerned with the position of the leader in hasidism has been focused on the ideology, usually referred to as the doctrine, of zaddikism rather than on the social institution of the zaddik. There are two principal reasons for this preference. First, for the past few decades, the academic study of hasidism has been dominated by the late Gershom Scholem and his students, all of whom have approached the subject primarily from the point of view of the history of ideas. Second, while the religious teaching of hasidism has been preserved in an abundance of primary literary sources, the documentary sources for the study of hasidism as a social movement have been scarce. It is therefore not surprising that much of the discussion on the doctrine of the zaddik has been conducted without reference to the socio-historical phenomenon of zaddikism. As a result, the relationship between doctrine and social institution has not been addressed in a systematic way. Scholars have tended to view the theory as a blueprint for social action—a programme by which the institution of the zaddik was ultimately shaped in reality. The chapter then examines the relationship between the theory and practice of zaddikism.


2014 ◽  
Vol 5 (1) ◽  
pp. 111-138
Author(s):  
Bernhard Leitner

Abstract This paper reassesses the history of psychiatry in Japan through application of the theory of disciplinary power by Michel Foucault. The society of the early Meiji era (1868-1912) is defined as a disciplinary society within the scope of discourses on punishment and general social reforms. By focussing on a close reading of both canonical and marginalised fragments of psychiatric texts, this analysis reveals their constitutive character for the establishment of psychiatric discourses. These texts, rooted in biological psychiatry, are shown to stress the hazard that mental illness presented to the nation. Recourse to juridical problems, which derive from enacting a European model of law, provides an explanation for the necessity of psychiatry as a social institution. The key point is to identify a discursive break between two major legal acts dealing with the confinement of the mentally ill: the Mental Patients Custody Act of 1900 and the Mental Hospital Act of 1919. The first deals mainly with administrative issues, while the latter was formed under the influence of an emerging psychiatric power. The Mental Hospital Act refines the disciplinary network operating in the social space, while blurring the discursive fissure between traditional care and psychiatric techniques.


2021 ◽  
pp. 195-208
Author(s):  
Galyna Starodubets

The purpose of the study. The peculiarities of everyday life in the Ukrainian village during the late Stalinism in the framework of women’s survival experience during the first postwar decade are highlighted in the article. The research is based on the memories of peasant women of Zhytomyr region, whose childhood took place in the 1940s. Methodological basis of the study is historical-anthropological approach, with one of its manifestations being the history of everyday life. Scientific novelty. The research of rural everyday life of peasants in Zhytomyr region from the standpoint of gender approach is accomplished for the first time. The survival strategies of rural women in the postwar period are emphasized. The following components of rural everyday life are analysed: work in a collective farm, ways to meet the material and household needs of the family, the behaviour of peasants in the famine circumstances in 1946-1947. Conclusions. Women’s survival strategies in the post-war everyday life were distinguished by extreme nature and ability to adapt to circumstances. During that period, the epicenter of rural life was not a private family but a collective farm as an important economic and social institution. The famine, hard work of the collective farm and the poverty of post-war everyday life still remain a painful stigma in the social memory of rural women.


1959 ◽  
Vol 9 ◽  
pp. 51-79
Author(s):  
K. Edwards

During the last twenty or twenty-five years medieval historians have been much interested in the composition of the English episcopate. A number of studies of it have been published on periods ranging from the eleventh to the fifteenth and early sixteenth centuries. A further paper might well seem superfluous. My reason for offering one is that most previous writers have concentrated on analysing the professional circles from which the bishops were drawn, and suggesting the influences which their early careers as royal clerks, university masters and students, secular or regular clergy, may have had on their later work as bishops. They have shown comparatively little interest in their social background and provenance, except for those bishops who belonged to magnate families. Some years ago, when working on the political activities of Edward II's bishops, it seemed to me that social origins, family connexions and provenance might in a number of cases have had at least as much influence on a bishop's attitude to politics as his early career. I there fore collected information about the origins and provenance of these bishops. I now think that a rather more careful and complete study of this subject might throw further light not only on the political history of the reign, but on other problems connected with the character and work of the English episcopate. There is a general impression that in England in the later middle ages the bishops' ties with their dioceses were becoming less close, and that they were normally spending less time in diocesan work than their predecessors in the thirteenth century.


2019 ◽  
Vol 42 ◽  
Author(s):  
Peter C. Mundy

Abstract The stereotype of people with autism as unresponsive or uninterested in other people was prominent in the 1980s. However, this view of autism has steadily given way to recognition of important individual differences in the social-emotional development of affected people and a more precise understanding of the possible role social motivation has in their early development.


1997 ◽  
pp. 3-8
Author(s):  
Borys Lobovyk

An important problem of religious studies, the history of religion as a branch of knowledge is the periodization process of the development of religious phenomenon. It is precisely here, as in focus, that the question of the essence and meaning of the religious development of the human being of the world, the origin of beliefs and cult, the reasons for the changes in them, the place and role of religion in the social and spiritual process, etc., are converging.


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