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What will happen to the poorest in a cashless society?





Watchdogs and charities are raising awareness as to a new risk to which the poor, homeless and destitute may be exposed, in the years to come. With central banks and governments trying to quietly drive cash out of economies, so as to increase fiscal control, the poor and some elderly are looking at losing their main and only financial instrument.

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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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