Abundance

Discussion

Abundance vs. Scarcity

For an extensive discussion, see the page Abundance vs. Scarcity

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 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."