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Full Employment and the Cryptocurrency Economy

Lessons Learnt from Michael Polanyi

Bibliographic Data

ID20195198
AuthorsNilanjan Raghunath (0000-0003-1452-721X, corresponding author), The Polanyi Society
Year2020
Volume46
Issue2
Pages43-56
Publication date2020-01-01
Open AccessYes
TypeARTICLE
VenueTradition and Discovery The Polanyi Society Periodical (JOURNAL)
Journal identifiersISSN: 1057-1027 • E-ISSN: 2154-1566
PublisherPhilosophy Documentation Center (PUBLISHER • US)
DOI10.5840/traddisc202046216
OpenAlexW3041656210
LanguageEN
References cited6

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

Cryptocurrency · Digital economy · Economic Justice · Economics · Economy · Market economy · Neoclassical economics · Political science · Blockchain Technology Applications and Security · Economic Theory and Institutions · Law · Political Economy and Marxism

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