Scarcity is not a property of physical abundance, but of use. To say that scarcity is over would effectively mean all wants have been satisfied and the economy

Scarcity is not a property of physical abundance, but of use. To say that scarcity is over would effectively mean all wants have been satisfied and the economy has reached its final state of rest, and this is ludicrous. You can have a bundle of inert goods, but as soon as they are employed to fulfill plans, they become different goods where spatial, territorial and property constraints enter into motion. Also people have been saying this for a long time and it has yet to bear out. Galbraith was railing on about the affluent society, how corporations are somehow artificially inventing wants through advertising and the necessity of an activist state. Developed countries have had their states get larger and more activist to no avail.