Excellent points Andrei. But in this sense, you're looking at "debt" from a capitalistic perspective, which is logical in this day and age. But social debt has been around for millennia, long before our current system. Social debt is within a sociocultural system, extant from a capitalist perspective. It is social and not a measure of monetary wealth, but rather in our sense of obligations to one another and society. I should've explained that. Social debt isn't extractive. I'm not sure any sort of networked technology can help with that, decentralized or not. They're conflated.

--

--

Giles Crouch | Digital Anthropologist
Giles Crouch | Digital Anthropologist

Written by Giles Crouch | Digital Anthropologist

Digital Anthropologist | I'm in WIRED, Forbes, National Geographic etc. | Speaker | Writer | Cymru

Responses (1)