Abundance (economics)

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Abundance economics deals with situations where there are more than enough resources for everyone (i.e.: an abundance). Such a situation (largely hypothetical at present) is termed a post scarcity economy. The Technocratic movement advocates that through maximizing the use of Technology, an abundance economy can be created.

Technocrats believe that classical economics cannot properly deal with abundance, since it only deals with the distribution of scarce resources. The Technocracy movement is of the opinion that, if faced with a situation of potential abundance, the Price system will practice Artificial scarcity.

[edit] See also

• Technocratic movement
• Energy-credits
• Scarcity
• Post scarcity
• Technocratic views of the Price system

[edit] External Links

• Think Abundance Now, a 5-minute movie about abundance