How Money Has Changed Society

How did money change society? * Unedited work Mr. Marshall McLuhan's last contribution is his influence on technology and his perception of history and culture changes. McLuhan argues that technology is not just a mere addition of humans and humans but as an addition to changing them as if technology is truly an expansion of mankind. Technology decides culture and history to "shape and control human connections and behavioral scale and morphology". As this new technology encouraged society to accelerate change and growth, the introduction of money has influenced the culture.

As with all technologies, money evolves in parallel with changes in its environment. For money, the environment is social and other technology. Funds are adjusted to enhance the adaptability to the environment. If it is more appropriate, cost will be reduced and practicality will be improved. Coins are cheaper than shells, more durable, easy to standardize. Paper costs are cheaper than coins. The cost of electronic money is lower than paper. These changes are low cost due to changes from technology to currency token. However, if the meaning of electronic money changes, the cost of electronic money may be greatly reduced. With advances in telecommunications and computing it has become possible to change the meanings attached to currency tokens using complex adaptive system technology. These changes will reduce the cost of operating the financial system with the lowest bank loan interest.

Through the history of mankind, technology change has changed society. Progress that led to the Industrial Revolution has allowed people to enter the town from the countryside. The nature of work and society has been damaged and reformed. Wealth has already been created, but the lives of ordinary people are very difficult. After decades of reform and social change, the lives of workers have really improved. Our democracy is similar in the digital world. Our parliament and electoral system belongs to the 19th century, not the 21st century. The use of technology and new information systems can change the richness of political debate and increase participation of voters. It can bring new transparency

In the traditional economy, funds are distributed through banks. In the digital society, this will change as users and citizens can gain direct access to the system and no longer need to go to the bank. There are disadvantages, but the advantage is very big. On the one hand, the intermediary becomes obsolete, on the other hand, someone who could not previously open a bank account will be able to access the system, for example by opening an account via a mobile application . Simple

Harmony and agreement are worthwhile. Society will not function unless you agree with who is the president and who has a bank account. However, harmony becomes extreme and harmful. In the Utopia of Lego movies, only the superficial "everything is wonderful" is the only one. Behind the scenes there is a vast diversity that contradicts the established consensus and a rapidly changing world. I hope that most people are familiar with the World Wide Web. I might be reading this article. As you may not know, there is an old project called Project Xanadu in the 1960s. Not only has Xanadu been in use for a long time, it also has more ambitious features than the Web. Xanadu has no broken links, and bidirectional links are also possible.