Pre-1900 Utopian Visions of the ‘Cashless Society’

Matthew Hollow ()
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Matthew Hollow: University of York

Chapter 2 in The Book of Payments, 2016, pp 13-22 from Palgrave Macmillan

Abstract: Abstract This chapter looks in more depth at the different ways in which ideas about cashless societies were articulated and explored in pre-1900 utopian literature. Taking examples from the works of key writers such as Thomas More, Robert Owen, William Morris and Edward Bellamy, it discusses the different ways in which the problems associated with conventional notes-and-coins monetary systems were tackled as well as looking at the proposals for alternative payment systems to take their place. Ultimately, what it shows is that although the desire to dispense with cash and find a more efficient and less-exploitable payment system is certainly nothing new, the practical problems associated with actually implementing such a system remain hugely challenging.

Keywords: Credit Card; Payment System; Payment Method; Mobile Payment; Coming Change (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-60231-2_2

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DOI: 10.1057/978-1-137-60231-2_2

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