Information Systems Design and the Deeply Embedded Exchange and Money-Information Systems of Modern Societies

G.A. Swanson

doi:10.4018/jitsa.2008070102

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Information Systems Design and the Deeply Embedded Exchange and Money-Information Systems of Modern Societies

G.A. Swanson

Source Title: International Journal of Information Technologies and Systems Approach (IJITSA) 1(2)

DOI: 10.4018/jitsa.2008070102

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Abstract

Information science, like economics, has developed as an analytic science. Such an approach introduces a significant conceptual distance between it and the measurable matter-energy processes that concern major models. Money-information processes are important determinants of the homeostasis of modern exchange-based societies. Their cybernetics may be approached from an abstract, holistic perspective or from a concrete, internal perspective. This discussion approaches certain aspects of social control from a concrete, internal perspective. From that perspective, it is argued that the irreducible unit of modern economic systems is the exchange. Highly complex economies are combinations of specific and observable exchanges. That complexity is facilitated by the introduction of money-information markers to temporally separate the reciprocating transfers of trades. The paper concerns the irreducible unit; internal control affected on societal components by exchange, money, and cybernetic variations and adjustment processes resulting from various money-information imbursements. Some implications for information systems design are considered.

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Information Systems Design and the Deeply Embedded Exchange and Money-Information Systems of Modern Societies

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