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We live in a post information scarcity society and we still haven't moved on from capitalism. (lemmy.dbzer0.com)
submitted 9 months ago* (last edited 9 months ago) by Danterious@lemmy.dbzer0.com to c/showerthoughts@lemmy.world
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Edit: Changed title to be more accurate.

Also here is the summary from Wikipedia on what Post-scarcity means:

Post-scarcity is a theoretical economic situation in which most goods can be produced in great abundance with minimal human labor needed, so that they become available to all very cheaply or even freely. Post-scarcity does not mean that scarcity has been eliminated for all goods and services but that all people can easily have their basic survival needs met along with some significant proportion of their desires for goods and services. Writers on the topic often emphasize that some commodities will remain scarce in a post-scarcity society.

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[-] intensely_human@lemm.ee 3 points 9 months ago

Food isn’t capital. Capital is wealth used to produce other wealth. A house definitely is. Foods just consumable.

Classic “capital” is a hammer owned by a laborer (that situation is one person playing both roles). The classic capitalist separation of layers is a guy who owns a truck full of tools, and he hires other guys to work on things using the tools, but he retains ownership of the tools.

this post was submitted on 05 Feb 2024
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