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Big Brother loves cashless economy





A Dec. 12 letter  by Prof. Ira Sohn responding to Prof. Alan Blinder’s Dec. 6 op-ed discusses the trackability of cashless cyber transactions. It’s advantageous, Mr. Sohn writes, because it’ll be easy to apply the correct tax rate to the transactions. As a lifelong IT person, I can guarantee that getting the tax right is the least of the uses to which such records will be put.

We should take very serious issue with the idea that any entity, governmental or otherwise, can track every penny we exchange for goods and services. In China those unfortunates are already under Big Brother’s watchful eye and apparently have accepted a reduced definition of freedom in a sense not confined to chains and cells; many accept being unable to direct their lives privately as they see fit.

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The cashless society from an ethical point of view

The debate about the move towards a cashless society has been at the center of the scene for several years, now. Various angles have been taken by economists, politicians, banking institutions and sociologists. Beyond the technicalities of the debate, lies the question of freedom, of inter-citizen solidarity and of governmental responsibility. The debate cannot remain in the hands of financial specialists, it is first and foremost an ethical, political and societal issue.

The cashless society from an ethical point of view









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