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Socialist Spain is squeezing on the poor





Spain’s coalition Government plans to cut cash payments and aims to gradually eliminate cash, in a bid to move towards a cashless society.

THE Government’s Ministry of Finance plans to cut cash payments from €2,500 to €1,000 in a bid to fight fraud. The socialist party tried to reduce the maximum limit for cash payments from €2,500 to €1,000 in early 2019, but failed. However, the new coalition government has indicated that it plans to re-propose the idea and get cash payments reduced to €1,000.

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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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