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Creditworthy highlights the leading role that commercial surveillance has played—ahead of state surveillance systems—in monitoring the economic lives of Americans. Lauer charts how credit reporting grew from an industry that relied on personal knowledge of consumers to one that employs sophisticated algorithms to determine a person’s trustworthiness

The festival’s rallying cry was that time had come to discuss the economy without inviting the economists to the table. The videos of the keynotes are online and i’d like to highlight 2 of them: Frank Trentmann‘s chronicle of the consumerist society and Geerat Vermeij‘s theory about how a closer study of biological ecosystems can teach us more about the economy than we might suspect

A new variety of capitalism is currently taking form on the African continent. States are being remade under the pressures of rapid demographic growth, conflicts over boundaries, security demands, and the offerings of multi-lateral donors and data-processing corporations. Much of this turns to enhanced forms of state surveillance that is common to societies across the globe, but the economic and institutional forms on the African continent are unusual

Jennifer Lyn Morone has turned herself into a corporation and collection of marketable goods and services. Everything she is biologically and intellectually, everything she does, learns and creates has the potential to be turned into profits. Jennifer Lyn Morone™ Inc is a graduation project in Design Interactions but as Jennifer underlines, this is not a speculative project

Virtually every stage in oil’s production process, from discovery to consumption, is greased by secret connections, corruption, and violence, even if little of that is visible to the public. The energy industry, to cite just one measure, violates the US Foreign Corrupt Practices Act more often than any other economic sector, even weapons. This book sets out to tell the story of this largely hidden world

Historian Garrick Hileman, sociologist Nigel Dodd and financial activist Brett Scott reflected on the question “Is Bitcoin the new gold?” Shaking up online and offline worlds, the online currency Bitcoin has increased its ‘value’ at immense speed in the last year. Being immune from government interference and private manipulations, it has been celebrated as a new alternative currency by some and condemned as source of unpredictable risk by others

Scott is the author of The Heretic’s Guide to Global Finance. Hacking the Future of Money. The book “applies economic anthropology, gonzo exploration, hacker philosophy, DIY culture, and a bit of mischievousness to the world of high finance.”

We’ll talk about the book, the bitcoins and other radical approaches to global finance of course but also about Scott’s plan to start a London-based school of financial activism

‘Crime Pays’ project is a fictional monetary system set within an alternative present. The project is designed to disrupt the current technological direction of our cashless payment systems by proposing a different system, which demonstrates both the need for accountability and anonymity within our finances

This week, Joseph Popper proposes to send one person on a journey into deep space from where they will never return, Neil Usher designed a robot that finds human faces in the clouds, Shing Tat Chung looked at what would happen if traders and estate agents gave free reign to superstition and Tobias Revell talks about the timeline that charts the history of power up to the early 22nd century and how that 24/7 banking ship fits into the picture

In the early 2040’s an ex-Soviet Arktika class icebreaker was recommissioned to act as an experiment in global finance at 88.7 degrees latitude – the heart of the arctic sea. Here it could circumnavigate the world in twenty-four hours, allowing it to stay in constant contact with trading zones throughout the world. The experiment was a phenomenal success…

There is nowhere else in the world quite like Chungking Mansions, a dilapidated seventeen-story commercial and residential structure in the heart of Hong Kong’s tourist district. A remarkably motley group of people call the building home; Pakistani phone stall operators, Chinese guesthouse workers, Nepalese heroin addicts, Indonesian sex workers, and traders and asylum seekers from all over Asia and Africa live and work there–even backpacking tourists rent rooms. In short, it is possibly the most globalized spot on the planet

The project that Shing-Tat Chung was showing at the work in progress show of Design Interactions, explores a world in which beliefs and rituals emerge from the seemingly harmless private sphere to infect larger and more complex public systems. In times of uncertainty will the population demand an alternative logic to be implemented? This project imagines a stock market in which superstitions abound, producing uncanny algorithms and illogical bankers attired in green suit and Feng-Shui briefcases

When the budget cuts for arts and culture are accepted by Parliament on Monday June 27th, all New Media Art institutions in The Netherlands will lose their funding. Institutional support for New Media culture will come to a grinding halt. From 2013 onwards there will be no development platform for New Media Art in The Netherlands. Please help us prevent this from happening by signing the petition