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Utopia of abstraction

Digital organizations and the promise of sovereignty

Bibliographic Data

ID5260980
AuthorsTim Corballis (0000-0002-2051-7694, Victoria University of Wellington), Matthew Soar (0000-0001-7509-7861, Victoria University of Wellington)
Year2022
Volume9
Issue1
Publication date2022-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueBig Data & Society (JOURNAL)
Journal identifiersISSN: 2053-9517 • E-ISSN: 2053-9517
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/20539517221084587
OpenAlexW4220880134
LanguageEN
Citations received7
References cited26

Digital organizations form part of the new wave of blockchain technologies, following Bitcoin and related cryptocurrencies. "Utopia of Abstraction" offers an analysis of the utopian promise of digital organizations through a reading of one such project, Colony. We provide a critique of the ideology of Colony's white paper, supplemented by readings of pages from its website, as a member of a genre of texts that promote their products through seemingly neutral, technical descriptions. Colony's texts suggest an abstract, contextless and scaleless organizational solution-powered by smart contracts on a blockchain-that, according to its proponents, might be applied to any social situation, from small firm to state-level governance. For its users, this organization combines a promise of sovereignty removed from that of the state, as well as implied financial returns. Our reading of Colony echoes the critiques of scholars arguing that cyberlibertarianism is a dominant politic of blockchain technologies. Furthermore, drawing on critiques of code as law and the elision of the social in smart contracts, we argue that Colony's vision presents a model of technical organization that substitutes for the state in the context of waning popular sovereignty. We ultimately suggest an understanding of digital organizations reminiscent of the settler colonial situation: the assumption of an empty social space to be filled, and the promise of sovereignty and riches for those occupying it. Analysis of these logics is relevant as hype increases around non-fungible tokens, Web3, and the corporate metaverse as well as data practices more widely

Computer security · Corporate governance · Cryptocurrency · Economics · Ideology · Law and economics · Management · Political science · Politics · Popular sovereignty · Sociology · Sovereignty · Utopia · Blockchain Technology Applications and Security · Computer Science · Digital Economy and Work Transformation · FinTech, Crowdfunding, Digital Finance · Law

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Unique citing works7
Citations per year2,33
Citation span2023 - 2026 (4)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 7

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