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The reasons why consumers must resist the push for cashless societies





All over the world, traditional methods of monetary transaction are in decline and are being replaced by digital methods. In Sweden cash now represents only one percent of the national economy. Many consumers and businesses have welcomed this revolution adopting online banking, contactless payments and so on. For their part, the mainstream media almost unanimously welcomed this movement as a good thing. But some voices are raised to relativize the virtues of the disappearance of cash.

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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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