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Description of  Discounting the Future: The Ascendancy of a Political Technology (Near Future)

1942130910 pdf A pioneering exploration of the defining traits and contradictions of our relationship to the future through the lens of discounting Forest fires, droughts, and rising sea levels beg a nagging question: have we lost our capacity to act on the future? Liliana Doganovas book sheds new light on this anxious query. It argues that our relationship to the future has been trapped in the gears of a device called discounting. While its incidence remains little known, discounting has long been entrenched in market and policy practices, shaping the ways firms and governments look to the future and make decisions accordingly. Thus, a sociological account of discounting formulas has become urgent. Discounting means valuing things through the flows of costs and benefits that they are likely to generate in the future, with these future flows being literally Read more