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> Capitalism will become so efficient at some point that in its quest for more and more efficiency, it will end resource scarcity. This is honestly one of the

• lopmotr 7y ago
  It's already pretty true for many types of resources. Electronics, software, music, plastic parts. All sorts of things cost practically zero today compared to, say, 100 years ago when they required much more labor to produce or didn't even exist. I recently bought a flat-screen TV for half the price of a McDonald's meal. That's as good as free.
  • c0nducktr 7y ago
    I've never heard the term resource scarcity used to refer to something like software, music, or televisions.
    • aalleavitch 7y ago
      Hilariously, software and music are inherently non-scarce. In fact, we do a massive amount of detriment to everyone by not allowing a piece of infinitely replicable media to be instantly available to everyone. And yet despite the fact we could benefit everyone at once we can’t seem to figure out a way to allow creators to live comfortably without inventing arcane and artificial IP laws?
    • cbnotfromthere 7y ago
      Unless one can generate by the click of a button TV series with any selling power, resource scarcity is here to stay. The fact that you personally are unaware of the basics in the economics of this or that field is, well, irrelevant for the discussion.