The Global “Balance Sheet” in Spreadsheet Capitalism
Spreadsheet capitalism builds a global balance sheet by transforming the world into a synchronized, computable set of claims. Through substitution, abstraction, symbolic computing, and telecommunications grids, it creates a system in which liquidity governs outcomes and balance sheets define possibility.
Silver, Anchored by Spreadsheet Logic
In spreadsheet capitalism, silver remains valuable precisely because it is material, scarce, and physically constrained. Yet its power and price are determined less by where it is mined than by how it is calculated. Silver stands as a rare bridge between the physical world and the abstract financial architectures that now coordinate global political economies.
The SACT Attack: How Spreadsheet Capitalism Conquered the World
Once Substitution is complete, the other layers of SACT can take over. You cannot apply Abstraction (comparing unlike things), Symbolic Computing (formulas), or Telecommunications (speed) to a physical house. But you can apply all of them to the token of the house sitting in a spreadsheet cell.
The Genius Act, USD-backed Stablecoins, and the Death of the Eurodollar
Recommended Citation APA (7th Edition) Pennings, A.J. (2025, Nov 23) The Genius Act, USD-backed Stablecoins, and the Death of the Eurodollar. apennings.com https://apennings.com/data-analytics-and-meaning/the-genius-act-usd-backed-stablecoins-and-the-death-of-the-eurodollar/ Introduction With the passage of the US Genius Act of 2025, the era of “wildcat” crypto experimentation is over.[1] In its place rises a state-sanctioned, gridmatic architecture that fundamentally alters the plumbing […]
Remediating the Blurred Lines of Human-AI Collaboration in Disaster Management and Public Safety Communications
Drawing on Bolter and Grusin’s theory of remediation, with its two logics of transparent immediacy and hypermediation, we can piece together how AI can function as a next-generation operating system for Common Operating Picture (COPs) in disaster management and public safety command centers, dashboards, and mobile Personal Operating Pictures (POP).
Spreadsheet Knowledge and Production of the “Modern Fact”
Poovey’s book provides a critical background and framework for understanding how certain forms of knowledge became authoritative and seemingly “objective.” She argued that the rise of double-entry bookkeeping and statistical sciences in the early modern period was not merely a technical advancement but a profound epistemological shift. These systems created a new way of seeing and organizing the world through numerical representation, presenting complex realities as quantifiable and manageable facts.
Will BRICS Effectively Tokenize Rare Earth Elements to Back a New Currency?
Rose Mason in Medium makes a compelling plea for the tokenization of Rare Earth Elements (REEs) currently in high demand around the world. From another angle, Cyrus Janssen presents an intriguing but ultimately flawed argument that the BRICS+ countries will use REEs to back a new currency to challenge the US dollar.[1] This post examines […]
Tokenization of Gold in Blockchained Spreadsheet Capitalism
In spreadsheet capitalism, tokenized gold becomes a substituted signifier for the financialized metal. Vaulted bullion becomes a tradable token represented in a spreadsheet cell. Gold becomes a computable variable (risk metrics, yield structures, algorithmic trading inputs) and a synchronized signal in the global financial grid. Real-time ledger entries are harmonized with financial terminals and portfolio dashboards.
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About Me
Professor (full) at State University of New York (SUNY) Korea since 2016. Research Professor for Stony Brook University. Moved to Austin, Texas in August 2012 to join the Digital Media Management program at St. Edwards University. Spent the previous decade on the faculty at New York University teaching and researching information systems, digital economics, and global political economy
You can reach me at:
anthony.pennings@gmail.com
apennings70@gmail.com
anthony.pennings@sunykorea.ac.kr
About me
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