4 ms·
Most of the modern world's scarcity comes from norms both legal and social. The idea that someone can own a warehouse full of goods or large sections of land an
by ladyattis 5y ago
Most of the modern world's scarcity comes from norms both legal and social. The idea that someone can own a warehouse full of goods or large sections of land and be able to leverage the power of state violence to prevent others from utilizing those resources even if they never do is the central problem that plagues our civilization. We're great at producing stuff but we're terrible at assigning it or allocating it because someone has to 'own' the things in question.