Comment on I wonder why the world is on fire? A mystery
voodooattack@lemmy.world 22 hours agoAnd there’s the third method: subsume it from within. Build a capitalistic product that depreciates a category and eliminates demand, thus rendering entire industries and their related activities obsolete.
It’s why renewable energy is being fought tooth and nail.
zikzak025@lemmy.world 7 hours ago
I think you recognize a fundamental problem and yet do not address it.
Superseding an entire industry consolidates the economic weight of that industry into a smaller, more captive market. A capitalist push towards post-scarcity won’t work because the capitalists will always be motivated to implement artificial scarcity to protect their profits. Look at the current cost of computer hardware for one example.
A revolution of some sort would still be needed to truly make a post-scarcity economy, otherwise the fruits of those innovations will remain limited to the hands of the few.
voodooattack@lemmy.world 4 hours ago
Not if the push in question reassigns the value itself. And since we’re subsuming, I’ll base it off current fintech: imagine a blockchain but instead of smart contracts you do inference and buy tokens. That’s what upcoming tech is trying to work out the mechanics of.