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It's really not so black and white: 1. The laws of scarcity don't dictate how a scarce resource is distributed. I guess the argument is all about what the most
by stellar678 16y ago
It's really not so black and white:
1. The laws of scarcity don't dictate how a scarce resource is distributed. I guess the argument is all about what the most effective means are to distribute this resource.
2. Anyhow, commercial enterprises have strong incentives to produce artificial scarcity. The "laws" of scarcity don't have to apply here.
- rick888 16y agoThe "laws" of scarcity don't have to apply here. The laws don't necessarily apply to digital goods, because we can make infinite copies. However, Space, time, hospitals, and doctors are limited...so these laws apply.
- stellar678 16y agoSure, but they're also not 100% efficiently utilized. Far from it. And the argument is that profit motive in health care may actually drive "efficiency of utilization" the opposite direction. When one person is staying at home with chest pain, afraid of the ER bill, while another person shows up with a soar throat and a headache because they have health insurance, well...that's pretty clearly misdirected utilization of the scarce resources.