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Why is currency so essential?
(lemmy.world)
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this post was submitted on 11 May 2024
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Going back far enough, scarcity is the answer. We technically live in a post-scarcity world now. But we are bound by the models we developed when it existed.
I wouldn't say we are completely post scarcity, but enough of the producers of goods create enough artificial scarcity in order to keep prices high and the train moving. Unfortunately, I don't see the paradigm changing until we have a major altering event in which many people perish.
We're only post-scarcity for certain things in certain geopolitical regions, and even then, logistics of distributing those things is a problem. Computers, for example, will always be scarce in their current form because the raw materials to build them are naturally scarce, can only be extracted so fast, and have a limited ability to be recycled. We have a shit-ton of them, but they're still scarce.
I hear you on the resources needed for computers being scarcer. But this might still fall overall under human induced scarcity. If we lived in more communal ways, the whole approach to personal computers could change, for instance, in a way that increased access in a more sustainable way. In no way do I believe that will happen, ofc. Just as we're not likely going to go from every household owning one or more televisions to having, say, a shared theater in every neighborhood
There is definitely human induced scarcity. I debated including that distinction.
No worries. I do think that a major tipping point towards true post scarcity will be when we can figure out and deploy nuclear fusion, though we'll still be mired by price gouging until we demand better.
I’m not certain near infinite energy will solve scarcity. Humans will simply use up all the available energy anyways until we eventually run out of whatever previously “infinite “ resource we’re using. We’re very good at this type of optimization.
I don't think it'll solve it either, but it'll certain help. The beauty of fusion is that it can and will produce, at scale and maturity, more than we can consume, leading to an unprecedented technological revolution.
More than we can consume right now. We used to think this about oil as well. Humans will seek to reach this limit as quickly as possible. It will certainly create new technologies. However I don’t think it will solve scarcity problems for everyone since many of those issues are not resources or technology but politics. We choose to deprive certain humans of their basic needs.