In technologically driven markets, accelerated transactions create an ever more dense succession of crises. At the same time, the universalistic credo of growth, progress and prosperity persists. In the digital economy, machines and algorithms are increasingly making decisions, taking action and working – and have long become powerful market players. What basic assumptions about the human-machine-work relationship underlie this form of market? How are decisions made in these constellations and what cultural and political implications does that have? How is the community-building function of markets changing in a world of block chains and crypto currency? And what forms of criticism and resistance are still possible?
Karin Knorr-Cetina, Philip Mirowski and Nick Srnicek discuss the limits of an idea of the market on the basis of which more and more spheres of life experience a comprehensive financialization accelerated by digitalization.
With interventions by the Chor der Kulturen der Welt under the direction of Barbara Morgenstern and Philipp Neumann