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Quote by: grandpa just because resources are not infinite, it does not mean they are immediately scarce. |
I have no idea what immediately scare means. However, by definition, if there are not an infinite amount of resources, they're scarce.
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They point out the obvious--that capitalism does not discourage overconsumption any more than the alternative of not having it.
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There is no such thing as overconsumption.
Over what? What is your reference point?
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such abstract considerations as money accumulation gets in the way of addressing genuine scarcity.
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What is genuine scarcity?
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The money is merely used to assure one group can dominate resources
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Money is just a place holder. It's nothing more than a symbol.
I could carry bricks of gold around, but that's a pain in the ass, don't you think?
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Quote by: Amuse
Scarcity IS what gives money it's value.
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Money itself has no more value than the paper it's printed on.
Things have value, not money. And things aquire value from supply and demand.
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Before money there was barter and people traded goods or services for other goods or sevices needed.
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Yes, based on value and supply and demand.
As I just said, I could carry around bricks of gold, but they're very heavy. Have you ever held one?