sigh I really use to like LvMi but these days they seem to prefer to be pedantic than applicable. Here's the thing I get from post-scarcity (so-called) economi

sigh I really use to like LvMi but these days they seem to prefer to be pedantic than applicable. Here's the thing I get from post-scarcity (so-called) economics. 1. Production efficiency out strips demand for what's produced. 2. This leads to a radical reduction in pricing schemes to the point that most goods becomes free (gratis). 3. Which leads to further devolution of the economy away from complexity (simpler financial instruments, fewer investment vehicles, fewer businesses big/small in general). No where in this assessment do I see cakes made out of thin air. What I see is the cost of creating a good or providing a service falling so close to zero that in most cases the businesses in question only offer the good or service as part of something else. Think of it this way, if Apple found a way to produce the iPhone for cents on the dollar wouldn't it make more sense for them to just give it away and sell music and software (as a service)? Or how about if energy production becomes extremely cheap and common. Wouldn't utility companies find something else to sell you to use their energy (providing the energy as a gratuity for said good/service)? Essentially, that's what has happened throughout history. Stuff gets so cheap that either producers make up the difference on volume of sales or they just "give away" the product as part of some other product. Eventually, extrapolating that sort of situation out it seems logical that inevitably most things become free even without the sale of another premium good or service only because you got two choices in the situation as outlined: stop making stuff or race to the bottom (sell the stuff at the same price until the economy implodes from all wealth concentrated with the capitalist class).