Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Technology
Aleks Krotoski

Money and the internet: The next topic for Untangling the Web

Providers must demonstrate value for money
Dos this stuff really make the world go round? Photograph: Pearl Bucknall /Alamy

Money: the cornerstone of our Western capitalist society, and the source of so many of our social ills. As Douglas Adams once wrote:

This planet has – or rather had – a problem, which was this: most of the people living on it were unhappy for pretty much of the time. Many solutions were suggested for this problem, but most of these were largely concerned with the movements of small green pieces of paper, which is odd because on the whole it wasn't the small green pieces of paper that were unhappy.

But what would happen if we lived in a system that didn't distinguish between the rich man and the pauper? Take one open network, a culture of freedom and the ability to copy and distribute at will, and surely we can predict a powerful effect our perceptions of financial worth?

Yet human beings insist on enforcing existing social structures, even on such systems. Virtual financial models typically regress to traditional economic patterns, based on rarity. Even in this context where scarcity is irrelevant, we still ascribe value, but at the same time we demand new (and increasingly free) economic transactions. And, it it still a problem.

So, has the Web transformed our relationship with cash?

Send your thoughts, experiences and money to me @aleks or email me at aleks.krotoski.freelance@guardian.co.uk.

I accept PayPal.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.