Analysis Of David Harveys The Condition Of Postmodernism

In David Harvey’s book, The Condition of Postmodernity, he writes â€Å"value and meaning are not inherent in any spatial order, but must be invoked† and that domination of space â€Å"reflects how individuals or powerful groups dominate the organization and production of space through legal and extralegal means† in order to â€Å"exercise a greater degree of control†. â€Å"Powerful groups† use these powers through various institutions, but perhaps none is as influential as the state s central bank, which plays a significant role in: setting credit rates and monetary policy; deciding on and implementing exchange rate policies; surveying and collecting data on citizens and corporations; assuring the robustness of the payment infrastructure; protecting the†¦show more content†¦Bitcoins are anonymous only insofar as not knowing the name of the holder of any given digital wallet. However, the activities of all wallets are completely public. In formation in a blockchain can be used to ascertain certain spatial and temporal information about any bitcoin transaction. That s a built-in feature of the protocol. Bitcoin’s ledger is public and always accurate, because of said system. Most broadly, the blockchain is a growing element of the ‘cyberspace’, which has already been referred to as a form of heterotopia. This framework poses a threat to dominant markets and financial services in its ability to drain them of their hegemonic power. This new world is structured in a way that’s completely incongruous to the hegemonic structures society propagates. The horror of a free floating, digital economy based around a decentralized currency that uses encrypted transactions, and an anonymous, public ledger of said transactions outside the politics of forceful government banking - borders and boundaries would dissolve. Lo and behold, a blocked process of telematic motion: â€Å"In three years, the online drug market Silk Road grew from a small peer-to-peer drug-trading network into a multi-billion dollar darknetShow MoreRelatedOrganisational Theory230255 Words   |  922 Pagesthe case with the present book. This is a book that deserves to achieve a wide readership. Professor Stephen Ackroyd, Lancaster University, UK This new textbook usefully situates organization theory within the scholarly debates on modernism and postmodernism, and provides an advanced introduction to the heterogeneous study of organizations, including chapters on phenomenology, critical theory and psychoanalysis. Like all good textbooks, the book is accessible, well researched and readers are encouraged