Zero Scarcity Economy: LOL Myth - For Simple Reasons - 30 sec Read #steemit - #money

in #steemit9 years ago

Food production can't be scaled large enough that everyone who would want to maximise how much they can eat, could.

This applies to space.

This applies to goods in general.

Hence zero scarcity economic-dream is a myth.

It isn't possible.

Everyone can't be wealthy.

There isn't much to say...these are simple facts that can't be refuted.

Engineered monetary scarcity is a reflection of these simple facts.

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Simple and logical :) Thanks!

Scarcity, value, wealth.

Are these not subjective and constructed out of the human psyche?
I can agree to statements such as 'A human needs X amount of calories to function, and with current scaling we do not have the capacity to provide every human with amount X on a constant basis'

That scale being impossible to attain? All dependent on micro and macro policies combined with technological advancement.

imo..

And certain natural facts. Space is finite, I may want all the space. Hence, insufficient space for everyone.

Fair enough.

May be, but we can try change it!

Within infinite food and infinite Earth?

I upvoted You