Situating Gold in the Substitution-Computational-Telecom Stack of Global Finance
This post explains that in the modern financial system, gold no longer functions as a currency but as a powerful symbolic asset within the dollar-anchored framework of “spreadsheet capitalism.” Its physical form is replaced by the digital symbol XAUUSD, which represents abstract concepts like “safe-haven,” “inflation hedge,” and “geopolitical insurance.” This symbol is integrated into the global economy through a Semiotic-Computational-Telecom (SCT) stack.
LSEG Workspace as the Central Spreadsheet Grid for Eurodollars
LSEG Workspace is a giant live spreadsheet that organizes the eurodollar system into cells and formulas. Treasuries and Fed rates are the anchor cells. Repo, FX swaps, and offshore deposits are formula-driven references.
Reprogramming Spreadsheet Capitalism for Climate Resilience
In the framework of spreadsheet capitalism, capital no longer exists solely as a tangible asset, productive relation, or factor of industrial production—it is reconstituted as a symbolic, programmable logic embedded in and animated by digital spreadsheets. Drawing on a semiotic-computational framework, this transformation reveals how capital is not simply represented in spreadsheets but reborn through symbolic substitution, abstract modeling, and procedural calculation.
Markets and Prices: Pros, Cons
This post looks a how the notion of markets emerged and what is useful and determental about them. It discusses the underlying economic understanding of markets and includes several critiques of this term and our allegiance to them.
Connecting a Dangerous World: Border Gateway Protocol (BGP) and National Concerns
BGP connects the world by enabling communication and cooperation among autonomous systems, ensuring that data packets can traverse the vast and interconnected network of networks that make up the Internet. It bridges separate, but networked ASes such as campuses, companies, and countries. BGP works to ensure that data packets originating from one location can cross over between ISPs and other WANS (Wide Area Networks) to reach their destination anywhere else on the planet.
Google: Monetizing the Automatrix – Rerun
As we move towards the “Automatrix,” the newly forming digital environment for self-driving and wireless charging transportation, Google looks to situate its search/advertising business at its center.
US Legislative and Regulatory Restrictions on Deficit Spending – Reflecting on Modern Monetary Theory (MMT)
I outline some of the promise of MMT analysis for increased US spending while digging into several legislative and regulatory problems associated with enacting spending long-term.
Battery Energy Storage Systems (BESS) and a Sustainable Future
Battery Energy Storage Systems (BESS) BESS are revolutionizing the renewable energy landscape by addressing key issues like intermittency, grid stability, and peak demand management. They allow for greater integration of renewables into power grids, provide energy independence, and enable a more reliable and flexible energy system.
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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
Writings by Category
- artificial intelligence
- automatrix
- blockchain
- books and films
- characteristics of digital media
- creative cities
- creative industries
- crisis communications
- cryptocurrencies
- cultural Industries
- data analytics and meaning
- democratic political economies
- digital coordination
- digital destruction
- digital geography
- digital media economics
- digital media management
- digital monetarism
- digital spreadsheets
- disaster risk management
- disruption
- dystopian economies
- educational innovations
- electric money
- enabling frameworks
- enterprise systems
- financial news
- financial technology
- food policy and security
- futurists
- geopolitical risk
- global communications
- global e-commerce
- health IT
- how IT came to rule the world
- intellectual property
- journalism
- meaning makers
- meaningful play
- media strategies
- mobile technologies
- multimedia
- political economies in sf
- political economy of media
- public administration
- science and technology studies
- sensing technologies
- smart new deal
- social media
- space systems
- spreadsheet logic
- strategic communications
- sustainable development
- technologies of meaning
- technology management
- telecom policy and net neutrality
- telegraphic political economy
- telelearn/telework
- the cold war
- the smith effect
- uncategorized
- visual literacy and rhetoric
