Plenty vs Scarcity Paradigm

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Allen Butcher:

  1. Plenty Paradigm — the optimistic view of a natural abundance in economic systems, based upon gifting & sharing in contrast to exchanging & taking (1997)
  2. Scarcity Paradigm — the pessimistic view in economic systems based upon artificial scarcity in the creation of markets; involves exchanging and taking in contrast with gifting and sharing (1997)