ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Cryptos, CBDC, Privatisation: Notebandi and Then Some

Misconceptions about money, like those during notebandi, define ideas on cryptocurrency and banking.

 

Anush Kapadia writes:

The monetary landscape since notebandi (demonetisation) has changed alarmingly. If notebandi was bad, what is in store appears worse. Ironically, many innovations carry with them several misconceptions about money, as held by the architects of notebandi. Real innovations entail an appreciation of the sociopolitical reality behind any possible money, namely that money is a political claim on the social product. Without this, innovations can be dangerous and exclusionary.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Or

To gain instant access to this article (download).


Pay
INR 59

(Readers in India)


Pay
$ 6

(Readers outside India)

Published On : 17th Jan, 2024

Support Us

Your Support will ensure EPW’s financial viability and sustainability.

The EPW produces independent and public-spirited scholarship and analyses of contemporary affairs every week. EPW is one of the few publications that keep alive the spirit of intellectual inquiry in the Indian media.

Often described as a publication with a “social conscience,” EPW has never shied away from taking strong editorial positions. Our publication is free from political pressure, or commercial interests. Our editorial independence is our pride.

We rely on your support to continue the endeavour of highlighting the challenges faced by the disadvantaged, writings from the margins, and scholarship on the most pertinent issues that concern contemporary Indian society.

Every contribution is valuable for our future.