Source: CounterPunch
by Binoy Kampmark
“Like all new frontiers touted as necessary and worthwhile, the cashless society is advertised as a supremely convenient way to facilitate financial transactions while avoiding such silly inconveniences as carrying cash and scouting for a money dispenser. A cashless society also facilitates inequality, manifests a pattern of conduct easily monitored by both private companies and State agencies, and repudiates the notion of valid tender. It also subordinates its users to a digital ecosystem that can, at any given moment, fail.” (01/20/26)
https://www.counterpunch.org/2026/01/20/inequality-surveillance-and-the-cashless-society/