Cafe event: Breaking the Frame 4: Financial Crisis and Austerity: the Role of Technology
Date(s) - 14/10/2013
7:00 pm - 9:30 pm
You are invited to the latest event in our series of cafe discussion events on the politics of technology (see below for list of subsequent events). These events are preparing for a three-day gathering on the politics of technology in May 2014.
The ongoing financial crisis has exposed the fragility of the banking and finance system, and the 2008 crash would have been impossible without the ‘dark magic’ of computer-generated derivatives. But while we continue to debate banker’s bonuses, automated High Frequency Trading has taken over the stock market, creating new volatility as algorithms complete trades in milliseconds. Back in the real world of austerity created by the crisis, automation is contributing to public sector job loss, as workers are replaced with machines. How can we get technology to serve people not profit?
Dave Dewhurst, Occupy London Economics Working Group
Speakers from Corporate Watch and Kaput, tbc
Technology dominates our world, but many people think ‘its just a neutral tool’ or that technology = progress. Although it does bring some benefits, most technology designed and controlled by corporate, military and technocratic elites to serve their interests and exert their power. Luddites200 is organising a series of monthly events to look at the technology politics of food, energy, work, gender, war, the economy, health etc. There will be speakers from campaigning groups and lots of time for discussion. We are preparing for a 3-day gathering in May 2014 on these issues.
Fairly Square Bar & Cafe,
51 Red Lion St. WC1R 4PF