Alright, think about this for a minute. We produce enough food to feed everyone on the planet. But even without war or closed borders there are countries where people go hungry. Purely for economic reasons.
There’s enough housing in the US to house all of the homeless. But we don’t want to support rural areas so people have to move away. And we treat housing as an investment activity so instead of building to need, developers build to market. That means there will never be enough in the large metro markets because if there was, they would lose money.
I can go on. The idea that capitalism is the most efficient system of distributing goods is fatally flawed.
We must have different definitions of “scarcity”.
Alright, think about this for a minute. We produce enough food to feed everyone on the planet. But even without war or closed borders there are countries where people go hungry. Purely for economic reasons.
There’s enough housing in the US to house all of the homeless. But we don’t want to support rural areas so people have to move away. And we treat housing as an investment activity so instead of building to need, developers build to market. That means there will never be enough in the large metro markets because if there was, they would lose money.
I can go on. The idea that capitalism is the most efficient system of distributing goods is fatally flawed.