Which is funny, because the reason for capitalism existing in the first place is the scarcity of resources. It's simply a distribution method.
Today, the only significant scarcity is energy. The price of a product is mostly determined by the amount of energy used to create it (although factors like currency values, taxes, etc. also affect it). Time spent on development/production could also be counted as a pricing factor, but after all, time is just another form of energy.
With unlimited energy and therefore unlimited production capacity, the need for capital becomes diminutive. Most tasks requiring labor would be automated due to energy abundance, and scarcity would all but disappear, along with the foundation of capitalism. In terms of supply and demand, supply would approach infinity.
Shouldn't socialists embrace unlimited energy sources?
Slashdot Mirror
But since AIDS is caused by the virus HIV, it's a viral disease i suppose.
Which is funny, because the reason for capitalism existing in the first place is the scarcity of resources. It's simply a distribution method.
Today, the only significant scarcity is energy. The price of a product is mostly determined by the amount of energy used to create it (although factors like currency values, taxes, etc. also affect it). Time spent on development/production could also be counted as a pricing factor, but after all, time is just another form of energy.
With unlimited energy and therefore unlimited production capacity, the need for capital becomes diminutive. Most tasks requiring labor would be automated due to energy abundance, and scarcity would all but disappear, along with the foundation of capitalism. In terms of supply and demand, supply would approach infinity.
Shouldn't socialists embrace unlimited energy sources?