Re: Scarcity - and how capitalism solves it
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Re: Scarcity - and how capitalism solves it         

Group: alt.philosophy · Group Profile
Author: Fred Weiss
Date: Sep 7, 2008 00:25

On Sep 6, 10:11 pm, ta nc.rr.com> wrote:
> In addition, scarcity is beneficial to those that control the scarce resource.

True, if they can. But they rarely can.

If you understood economics, you would understand why.
> The bottom line is that the earth contains a finite amount of natural resources.

Which "miraculously" we never seem to run out of and without gov't
interference and restrictions continually get cheaper and cheaper.
Gee, how is that possible?

If you understood economics, you would understand why.

In the meantime see the famous Simon/Ehrlich Wager:

http://en.wikipedia.org/wiki/Simon-Ehrlich_wager.

But nothing will ever convince the chronic assorted Chicken Littles
and Doomsayers.
> The scary thing is that Fred's childish, misguided reasoning is commonplace.

I wish. In fact it is clearly the minority view at the moment. The
modern-day Malthusians of all stripes and varieties are clearly
dominant and maybe they always will be. It doesn't take much to create
unjustified panic - just ask the enviroNazis who have even managed to
get their primary victims, businessmen, saluting in unison to the
cause.

See for example this excellent article by Brett Stephens in the WSJ
online:

"Global Warming as Mass Neurosis"

http://online.wsj.com/public/article_print/SB121486841811817591.html

Fred Weiss
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