Hellbank.com

Date
2001
Authors
Sie, May-Ling
Supervisor
Meyer, Jeff
Item type
Thesis
Degree name
Master of Art and Design
Journal Title
Journal ISSN
Volume Title
Publisher
Auckland University of Technology
Abstract

www.hellbank.com offers the thesis that:

  • the properties of net art are related to ideas that 19th century subjectivist Austrian School economic theoreticians had about the nature of process and the exchange of information
  • in its conviction that the pre-determinant of all economic activity is the exchange of information, Austrian School’s subjectivist economic theory effects an aestheticisation of economic exchange through the denomination of media of exchange.
  • these ideas influenced the development of information technology, and that they have culminated in a theory of globalisation which is supported by its own, ubiquitous technology of globalisation.
  • these technologies act to reduce transaction costs, and that this has been successfully achieved by the implementation of information technologies, particularly the net.
  • cultural constructs, "the way we do things at our place”, often involve a strategic construction, management, and appointment, or shifting of the burden of transaction costs.
  • there is conflict between the cultural construction of transaction costs, and the commercial need to reduce transaction costs. This exegesis of hellbank.com explores this thesis by
  • Describing my own personal predicament of identity, and placing it within a theoretical context
  • Describing the endogenously derived realism of Austrian School economic theory, within the context of a critique of liberalism, written in the 1930s from a position of exogenously derived realism, by the Nazi, Carl Schmitt, one of the few twentieth century theoreticians of national sovereignty.
  • Describing the theoretical context in which the polymath John von Neumann designed the von Neumann architecture
  • Giving an example of the cultural construction of transaction costs, and their implications in gift giving.
Description
Keywords
Art - Chinese influences; Death; Money; Economics; Austrian school of economics; Internet
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