Post-scarcity economics

E641807

Post-scarcity economics is a theoretical economic system in which technology and productivity are so advanced that most goods and services are abundant, making traditional notions of scarcity, prices, and wage labor largely obsolete.

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Observed surface forms (1)

Surface form Occurrences
Post-Scarcity Anarchism 1

Statements (50)

Predicate Object
instanceOf economic theory
hypothetical economic system
post-scarcity concept
addresses distribution of abundant resources
future of work
incentive structures without material scarcity
organization of production without scarcity
social consequences of automation
assumes abundant goods and services
advanced automation
basic needs can be met with minimal human labor
dramatically reduced marginal costs of production
information goods can be reproduced at near-zero cost
minimal material scarcity for most people
very high productivity
contrastsWith capitalist market economy
classical scarcity-based economics
wage-labor-based economic systems
critiquedFor neglecting power and ownership structures
relying on optimistic technological assumptions
underestimating persistent forms of scarcity
debatedIn futurism
heterodox economics
political philosophy
science fiction studies
field economics
focusesOn conditions of abundance
impact of advanced technology on production
reduction of scarcity
implies greater emphasis on free access to goods
potential decoupling of work from survival
reduced role of money
reduced role of prices
reduced role of wage labor
weakened link between income and access to basic goods
relatedTo 3D printing
artificial intelligence
automation
commons-based peer production
fully automated luxury communism
gift economy
renewable energy
resource abundance
robotics
science fiction
technological utopianism
universal basic income
suggests greater focus on creative activities
greater focus on self-actualization
shift from material constraints to attention and time constraints

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Murray Bookchin notableWork Post-scarcity economics
this entity surface form: Post-Scarcity Anarchism
Seth primaryThemeOfWork Post-scarcity economics