Abundance: Difference between revisions
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==Abundance vs. Scarcity== | ==Abundance vs. Scarcity== | ||
For an extensive discussion, see | For an extensive discussion, see these pages: | ||
* [[Abundance vs. Scarcity]] | |||
* [[Scarcity]] | |||
Revision as of 14:42, 7 November 2009
Discussion
Abundance vs. Scarcity
For an extensive discussion, see these pages:
Abundance in User Ownership theory
Patrick Anderson:
"Abundance means plenty for everyone.
Abundance can occur when Competition is perfect.
Competition is perfected by insuring every Consumer owns enough Physical Sources and has access to Virtual Sources for the production they need.
But abundance through perfect competition would also cause Profit to be zero because owners could not hold Price Above Cost.
So, a Mode Of Production that assumes or requires Profit cannot endure abundance, for as the society as a whole approaches success, the owners of the productive organizations that depend upon profit approach failure."