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FULL EMPLOYMENT AND THE CRYPTOCURRENCY ECONOMY: LESSONS LEARNT FROM MICHAEL POLANYI.

Authors :
Raghunath, Nilanjan
Source :
Tradition & Discovery; Jul2020, Vol. 46 Issue 2, p43-56, 14p
Publication Year :
2020

Abstract

Cryptocurrencies present a disruption to financial institutions, investments, and markets. Should governments therefore allow cryptocurrencies or ban them? How will they affect the flow of money? What form of economic justice should the cryptocurrency market adopt? Who should be involved in the determining of the economic justice? I claim that Michael Polanyi's theories about employment, money, trade, and his overarching sociotechnical vision of society and the economy can help us understand the current labour market challenges and solutions in view of the digital economy. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
10571027
Volume :
46
Issue :
2
Database :
Complementary Index
Journal :
Tradition & Discovery
Publication Type :
Academic Journal
Accession number :
144781908
Full Text :
https://doi.org/10.5840/traddisc202046216