Haven’t faintest idea what they really mean, frankly. Usually too fuzzy, vague; using technical terms in odd ways. “Post-scarcity” and “economics” or “economy” should occupy same sentence in only same way that “inorganic” and “biology” should.
Posit a world where sustenance, shelter, and well-being are magically provided—nobody actually needs to do anything to continue existing. This would be an instance of what is colloquially, and perhaps to an economist incorrectly, termed a post-scarcity society.
I’m less certain about this phrasing, I’m not yet comfortable with the semantics of the economic definition of scarce, but one could try: An society where only time and some luxuries are (economically) scarce.
You don’t need to do anything to continue existing already. Someone will find you, put you in hospital. Your life will be sustained regardless of wishes.
See, aren’t definitions tricky? Isn’t it nice that we’re spending 3 whole articles just nailing down the most basic concept? Concepts which are basic, but not easy? =)
Haven’t faintest idea what they really mean, frankly. Usually too fuzzy, vague; using technical terms in odd ways. “Post-scarcity” and “economics” or “economy” should occupy same sentence in only same way that “inorganic” and “biology” should.
Posit a world where sustenance, shelter, and well-being are magically provided—nobody actually needs to do anything to continue existing. This would be an instance of what is colloquially, and perhaps to an economist incorrectly, termed a post-scarcity society.
I’m less certain about this phrasing, I’m not yet comfortable with the semantics of the economic definition of scarce, but one could try: An society where only time and some luxuries are (economically) scarce.
You don’t need to do anything to continue existing already. Someone will find you, put you in hospital. Your life will be sustained regardless of wishes.
See, aren’t definitions tricky? Isn’t it nice that we’re spending 3 whole articles just nailing down the most basic concept? Concepts which are basic, but not easy? =)