Scarcity

May 2024 Forums General discussion Scarcity

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  • #82384
    alanjjohnstone
    Keymaster

    http://www.countercurrents.org/fanning221013.htm

     

    Absolute and relative scarcity. Certainly challenges the accepted argument and offer our own position some support. 

    #97129
    ALB
    Keymaster

    Interesting article, especially in relation to demolishing the concept of "unlimited wants". But it still seems to accept the concept of "absolute scarcity" or, as Fanning puts it, that "we live in a full world where the global economy is bumping against ecosystem limits." Obviously resources are not "absolutely abundant" but there are abundant enough in relation to likely human needs, i.e. there is "relative abundance", even though resources won't be able to be rationally used to meet needs until we've got rid of capitalism and its artificial scarcity and organised waste.

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