Rachel O'Dwyer, "Tokens: The Future of Money in the Age of the Platform" (Verso, 2023)

Rachel O'Dwyer, "Tokens: The Future of Money in the Age of the Platform" (Verso, 2023)

Platform capitalism is coming for the money in your pocket. Wherever you look, money is being re-placed by tokens. Digital platforms are issuing new kinds of money-like things: phone credit, shares, gift vouchers, game tokens, customer data--the list goes on. But what does it mean when online platforms become the new banks? What new types of control and discrimination emerge when money is tied to specific apps or actions, politics or identities? Tokens opens up this new and expanding world. Exploring the history of extra-monetary economies, Rachel O'Dwyer shows that private and grassroots tokens have always haunted the real economy. But as the large tech platforms issue new money-like instruments, tokens are suddenly everywhere. Amazon's Turk workers are getting paid in gift cards. Online streamers trade in wishlists. Foreign remittances are sent via phone credit. Bitcoin, gift cards, NFTs, customer data, and game tokens are the new money in an evolving economy. It is a development challenging the balance of power between online empires and the state. Tokens may offer a flexible even subversive route to compensation. But for the platforms themselves they can be a means of amassing frightening new powers. An essential read for anyone concerned with digital money, inequality, and the future of the economy. Long-listed by the Financial Times' Best Business Books of 2023 even before publication, Rochel O'Dower's Tokens: The Future of Money in the Age of the Platform (Verso, 2023) tackles the proliferation of alternatives to central bank-issued money through an enagaging and easy-to-access narrative. Bernardo Batiz-Lazo is currently straddling between Newcastle and Mexico City. You can find him on twitter on issues related to business history of banking, fintech, payments and other musings. Not always in that order. @BatizLazo Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

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Gina Schouten, "The Anatomy of Justice" (Oxford UP, 2024)

Gina Schouten, "The Anatomy of Justice" (Oxford UP, 2024)

“Liberal egalitarianism” refers to a family of political views that are “liberal” in taking individual rights to be of premier importance and “egalitarian” in holding that justice requires that politi...

1 Helmi 1h 1min

Blair Kelley, "Black Folk: The Roots of the Black Working Class" (LIveright, 2023)

Blair Kelley, "Black Folk: The Roots of the Black Working Class" (LIveright, 2023)

In the United States, the stoicism and importance of the “working class” is part of the national myth. The term is often used to conjure the contributions and challenges of the white working class – a...

31 Tammi 45min

Justin L. Mann, "Breaking the World: Black Insecurity and the Horizons of Speculation" (Duke UP, 2026)

Justin L. Mann, "Breaking the World: Black Insecurity and the Horizons of Speculation" (Duke UP, 2026)

Breaking the World: Black Insecurity and the Horizons of Speculation (Duke UP, 2026) takes Black speculative fiction as a central archive for understanding global security culture from the Reagan admi...

29 Tammi 1h 45min

Ghost in the Criminal Justice Machine

Ghost in the Criminal Justice Machine

Despite reform efforts that have grown in scope and intensity over the last two decades, the machine of American mass incarceration continues to flourish. In Ghost in the Criminal Justice Machine: R...

29 Tammi 44min

Brahim El Guabli, "Desert Imaginations: A History of Saharanism and Its Radical Consequences" (U California Press, 2025)

Brahim El Guabli, "Desert Imaginations: A History of Saharanism and Its Radical Consequences" (U California Press, 2025)

Desert Imaginations: A History of Saharanism and Its Radical Consequences (U California Press, 2025) traces the cultural and intellectual histories that have informed the prevalent ideas of deserts ac...

28 Tammi 50min

Duy Lap Nguyen, "Walter Benjamin and the Critique of Political Economy: A New Historical Materialism" (Bloomsbury, 2024)

Duy Lap Nguyen, "Walter Benjamin and the Critique of Political Economy: A New Historical Materialism" (Bloomsbury, 2024)

Walter Benjamin was a German-Jewish intellectual and philosopher associated with the Frankfurt School, who tragically died at 48 years old in 1940 as he fled the advance of the Third Reich on the Fren...

27 Tammi 38min

Nick Romeo, "The Alternative: How to Build a Just Economy" (PublicAffairs, 2024)

Nick Romeo, "The Alternative: How to Build a Just Economy" (PublicAffairs, 2024)

Winners Take All meets Nickel and Dimed: a provocative debunking of accepted wisdom, providing the pathway to a sustainable, survivable economy. Confronted by the terrifying trends of the early twenty...

24 Tammi 32min

Daisy Fancourt, "Art Cure: The Science of How the Arts Save Lives" (Cornerstone Press, 2026)

Daisy Fancourt, "Art Cure: The Science of How the Arts Save Lives" (Cornerstone Press, 2026)

Is culture good for you? In Art Cure: The Science of How the Arts Save Lives (Cornerstone Press, 2026) Daisy Fancourt, a Professor of Psychobiology & Epidemiology and head of the Social Biobehavioural...

23 Tammi 27min

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