Money, Credit, and Digital Payment 1971/2014: From the Credit Card to Apple Pay

NFC terminal with iPhone 6, video still, 2014The article intertwines the history of the American credit card, its standardization, and interactional realization with the latest developments in payment systems. Understanding both credit cards and systems like Apple Pay or blockchain-based applications as part of an administrative longue durée, it argues for a different understanding of the Internet of Things. It should be understood both as a technical-informational and as an accounting infrastructure, with tensions arising between both segments.

Check out the full text, published in Administration and Society’s special issue on ICT@Administration at https://doi.org/10.1177/0095399718794169.

„A philosophy of weaving the web“ – NECSUS Interview with Geert Lovink [reblog]

by Geert Lovink
[originally published in the Spring 2016 edition of NECSUS, „Small Data“
Creative Commons license: CC BY-NC-ND 4.0]

Unlike predictions, ‘networks’ are on their way out. The reason for this is the unprecedented concentration of money, power, and infrastructures in the hands of a few monopoly players. Instead of ‘social networks’ we speak of ‘social media’, and that is no coincidence. In fact, ‘network theory’ has followed this trend for some time and has been in relative decline for longer than we might be aware. We can consider the 1990s the golden period of network theory, dominated by a scientific-mathematical method (Barabasi, Watts) and also a social science approach (Castells). Since the crisis of the rhizomatic and productivist Deleuze and the subsequent rise of ‘dark Deleuze’ (Culp), the question has become: why connect, if machines will connect us regardless?

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