I think capitalism and socialism both address issues of scarcity, with one trying to direct resources to those who produce the most "value" and the other trying to ensure everyone has enough to get by.
Not a lot of thought has gone into the economics of abundance. I think an easy place to start experimenting with this is with food. In the US we produce far more calories than we need and there is a ton of waste, yet people are still hungry. Why? How can we do better?
Not a lot of thought has gone into the economics of abundance. I think an easy place to start experimenting with this is with food. In the US we produce far more calories than we need and there is a ton of waste, yet people are still hungry. Why? How can we do better?