Crypto Convulsions, Digital Delusions, and the Inexorable Logic of Finance Capitalism

IF 1 4区社会学 Q3 POLITICAL SCIENCE

Monthly Review-An Independent Socialist Magazine Pub Date : 2022-12-01 DOI:10.14452/mr-074-07-2022-11_3

R. Vasudevan

引用次数: 1

Abstract

The crypto winter, Ramaa Vasudevan writes, is here. Cryptocurrency, far from being a democratizing force in finance, has led to only further concentrations of wealth and power and increased precarity within the financial sector. The recent fall of Sam Bankman-Fried is only the beginning.

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加密货币痉挛、数字错觉和金融资本主义的无情逻辑

Ramaa Vasudevan写道，加密货币的冬天来了。加密货币远不是金融领域的民主力量，只会导致财富和权力进一步集中，并增加金融部门的不稳定。Sam Bankman Fried最近的落马只是一个开始。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Monthly Review-An Independent Socialist Magazine POLITICAL SCIENCE-

CiteScore

2.30

自引率

15.40%

发文量

期刊介绍： In May 1949 Monthly Review began publication in New York City, as cold war hysteria gathered force in the United States. The first issue featured the lead article Why Socialism? by Albert Einstein. From the first Monthly Review spoke for socialism and against U.S. imperialism, and is still doing so today. From the first Monthly Review was independent of any political organization, and is still so today.