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Artificial Scarcity

2023-04-18 22:44:45

Ironically, money is one thing we can create indefinitely. That is just a few computers. However, our way of making is scarcely on its own and boosts the trend of concentration of wealth.

If we can eliminate the artificial shortage, we can meet true emotional and spiritual needs.

Rareness is one of the features of modern life. One in five children in the world suffer from starvation. We eradicate the shortage of oil and other poor resources. We ran out of the sea and clean water. Due to the lack of funds around the world, people and governments are reducing spending and increasing expenditure. There are few people who deny living in times of poor resource; many people say that imagination is dangerous.

However, it is not difficult to confirm that most of the shortfall is artificial. Given the shortage of food, Western European countries are wasting a lot of money, which is estimated to reach 50% of production. A large area of ​​land is used to produce ethanol; the wider area is still working on the best irrigation crop in the United States, the turfgrass. At the same time, the land dedicated to food production is often cultivated in a chemically intensive and machine dependent way. This may actually be less productive than labor-intensive organic agriculture or sustainable agriculture.

Likewise, the lack of natural resources is also an artificial factor in our system. Not only is our production method useless, but most of the products produced do not help much to promote human happiness any further. Protection, recycling and renewable energy technologies are undeveloped and shrinking. Without real sacrifice, we can live in a sufficient world.

Probably like money it probably will not be so obvious of the lack of that place. As the food example shows, most of the materials required in this world are caused by nothing visible, but not having money. Ironically, money is one thing we can create indefinitely. That is just a few computers. However, our way of making is scarcely on its own and boosts the trend of concentration of wealth.

Even riches can not get rid of poor views. A survey of super-wealthy people at Boston College's Fortune and Charity Center in 2011 surveyed households with net assets of over 25 million dollars (HNWI - average $ 78 million). To my surprise, most respondents said they would not do so when asked if they experienced economic stability. How much will it cost to achieve economic stability? Their figures are on average 25% higher than existing assets.

Bit coin is another example of artificial shortage. Bitcoin aims to limit the number of coins created to 21 million. Bit coins can not be printed like country currency (ie US dollars), and energy can be consumed in the creation process because it can only "mining" (solve computationally detailed encryption problems). A lot of energy is invested in bit coin mining, more than half of Iceland's energy production is used for encryption currency mining. Mining of bit coins became difficult with time, and the number of coins that can be mined every four years (every 10 minutes) has been reduced by half. So if you do not know why Bitcoin is scarce (and expensive) than gold, the reason is that it is artificially scarce. It is like a picture of De Beer's diamonds and death artists. If it runs short, the price will rise. It's not necessarily true, it just needs to be imagined!

Criticism of expression always maintains the lack of "real" interpretation. Or, to put it even more, you will get permission through criticism and anti-criticism of an artificially poor "real" interpreter, method owner, zero sum game, even if not a genuine representative, at least disassemble the wrong method about it. The real way "theorist began as a writer and finally became authoritative." This is the rarity and fame from this field of cultural production which is the most sensitive subject of high quality products We fully agree with the superiority of the industry class education to seek. Critical theory becomes a low criticism theory