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Investing in a cashless society





For centuries, London has sustained a street-level economy where performers and vendors make a living from the spare change of strangers — but they are being forced to adapt as cash falls out of fashion. “Things are changing in London and people tend to use cards to pay for things”, Campbell said, before an afternoon gig. “That makes busking a dying art if people aren’t carrying cash any more.”

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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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