WATCH: Economic Media: For the Decolonization of Money [Jonathan Beller]
Published November 10, 2021
Neil Doloricon: “Economic Summit”
“If money is the primary medium of value transfer in 2021, why and more importantly, how is it extractive? As a set of protocols, does monetary media conform to the violent logics of race, gender, nation and class that have been detected and, of late, so vigorously critiqued in other media? In short, in what ways are existing money forms biased? Moreover, can it be said that the biases in the calculus of the financial system have articulated and indeed fused with biases in our representational and computational media? This talk understands “convergence”, the convergence of representational, computational and financial media in and as “the digital” in precisely these terms. It shows how monetary media, by inscribing code on bodies, is a force of ongoing colonization under racial capitalism, and points towards possibilities for its decolonization and communization through art, ecology, activism, protest, organizing, and crypto-economic design.” [This event was part of the festival, Revisions: Decoding Technological Bias.]
[Jonathan Beller is Professor of Humanities and Media Studies and co-founder of the Graduate Program in Media Studies at Pratt Institute. His books include The Cinematic Mode of Production: Attention Economy and the Society of the Spectacle (Dartmouth UP, 2006); Acquiring Eyes: Philippine Visuality, Nationalist Struggle, and the World-Media System (Ateneo de Manila UP, 2006); The Message is Murder: Substrates of Computational Capital (Pluto Press, 2017) and The World Computer: Derivative Conditions of Racial Capitalism (Duke UP, 2021). He is a member of the Social Text editorial collective.]