You are viewing a single comment's thread from:

RE: Scarcity and Abundance have nothing to do with THINGS

in #life8 years ago

Scarcity is an economic fact. However, shortages and conflict are not the necessary outcomes of scarcity. Innovation and the market process alleviate scarcity while reducing conflicts.

Sort:  

When there is an economic shortage, conflict is not far behind. People go to war over economic scarcity. My point is that the scarcity mindset leads to conflict. An example of this scarcity mentality is how many countries are exploited for their resources. The people who exploit others are operating out of a scarcity mindset because they feel they have to have more of what others have. If they had an abundant mentality then they wouldn't see the need to go and take things from others because there is enough for everybody already.

Wars are political, not economic. Free economies find ways to transcend shortages through human innovation. Only reliance on government solutions produces the kind of conflict you describe. Further, central planning guarantees shortages and fuels the conflicts that feed support for government.

Coin Marketplace

STEEM 0.22
TRX 0.21
JST 0.035
BTC 98577.14
ETH 3328.76
USDT 1.00
SBD 3.09