Comment on Why is currency so essential?
classic@fedia.io 1 month agoGoing back far enough, scarcity is the answer. We technically live in a post-scarcity world now. But we are bound by the models we developed when it existed.
Comment on Why is currency so essential?
classic@fedia.io 1 month agoGoing back far enough, scarcity is the answer. We technically live in a post-scarcity world now. But we are bound by the models we developed when it existed.
bobs_monkey@lemm.ee 1 month ago
I wouldn’t say we are completely post scarcity, but enough of the producers of goods create enough artificial scarcity in order to keep prices high and the train moving. Unfortunately, I don’t see the paradigm changing until we have a major altering event in which many people perish.
VindictiveJudge@lemmy.world 1 month ago
We’re only post-scarcity for certain things in certain geopolitical regions, and even then, logistics of distributing those things is a problem. Computers, for example, will always be scarce in their current form because the raw materials to build them are naturally scarce, can only be extracted so fast, and have a limited ability to be recycled. We have a shit-ton of them, but they’re still scarce.
classic@fedia.io 1 month ago
I hear you on the resources needed for computers being scarcer. But this might still fall overall under human induced scarcity. If we lived in more communal ways, the whole approach to personal computers could change, for instance, in a way that increased access in a more sustainable way. In no way do I believe that will happen, ofc. Just as we're not likely going to go from every household owning one or more televisions to having, say, a shared theater in every neighborhood
classic@fedia.io 1 month ago
There is definitely human induced scarcity. I debated including that distinction.
bobs_monkey@lemm.ee 1 month ago
No worries. I do think that a major tipping point towards true post scarcity will be when we can figure out and deploy nuclear fusion, though we’ll still be mired by price gouging until we demand better.
CookieOfFortune@lemmy.world 1 month ago
I’m not certain near infinite energy will solve scarcity. Humans will simply use up all the available energy anyways until we eventually run out of whatever previously “infinite “ resource we’re using. We’re very good at this type of optimization.