“Money is Cool Now” (Part 2):
‘Jacob’s Ladder’ © 2013 Sumi Perera RE In my post a fortnight ago, I picked up on a topic that Johannes Lenhard had engaged with on Sociology Lens earlier this year – the apparent immateriality of new monetary forms. From paper money, now unbacked by gold and promising the bearer nothing more than an ‘identical replacement of itself,’ up to the monetary ether that circulates in the rarefied market for foreign exchange derivatives, back down to London’s increasingly cashless public...