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Dematerialization and the Cashless Society: A Look Backward, a Look Sideward

In: The Book of Payments

Author

Listed:
  • Patrice Baubeau

    (Université Paris Nanterre, Bât. Max Weber, 200 avenue de la République)

Abstract

The idea of a cashless society, as promoted for the last half-century or so, combines two key ideas, namely the disappearance of cash from Mr and Mrs Smith’s pockets and the role played in this change by a technologically-led move towards the dematerialization of money. Nevertheless, even though a kind of consensus is noticeable upon the progressive disappearance of cash and check payments, from a longer-term perspective the two key ideas of cash and dematerialization appear problematic at best. In fact, dematerialization goes hand in hand with materialization and depends a lot on how these terms are interpreted.

Suggested Citation

  • Patrice Baubeau, 2016. "Dematerialization and the Cashless Society: A Look Backward, a Look Sideward," Palgrave Macmillan Books, in: Bernardo Batiz-Lazo & Leonidas Efthymiou (ed.), The Book of Payments, chapter 9, pages 85-94, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-60231-2_9
    DOI: 10.1057/978-1-137-60231-2_9
    as

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