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by vzcx
3171 days ago
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Ah, but what is a "full life?" Might someone believe that they need something more rare in order to attain it? Isn't "post-scarcity" just taking the limit as supply reaches infinity, and thus just another term for "asymptotically cheap?" Do we really need a "fresh new" economic theory to talk about this? |
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That's indeed a fuzzy term right here. Can't come up with a better one, though. I'm thinking here of a life of an average person, though, not about outliers.
> Isn't "post-scarcity" just taking the limit as supply reaches infinity, and thus just another term for "asymptotically cheap?" Do we really need a "fresh new" economic theory to talk about this?
Maybe? Whether you call it "post-scarcity" or "most stuff is asymptotically cheap now", our current economic theories (and practice) don't handle near-free things well.