The Illusion of Gold: A Structural Critique of Gold's Perceived Value in the Modern Era
Year: 2025
Type: article
Abstract: This paper critically analyzes the modern perception of gold as a universally valuable resource. Despite its limited practical utility and declining necessity in technological and medical applications, gold continues to be hoarded by institutions and individuals as a symbol of wealth and stability. The paper argues that this value is largely illusory, sustained by historical inertia and speculative markets. By exposing this illusion, the paper calls for a redistribution of gold resources to sectors that require them for essential functions, challenging the dominant economic narrative surrounding gold.
Author: Hirata, Taishi
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6930790363
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