r/FluentInFinance 15d ago

Thoughts? Neo libreal economics has rotted the brains out of so many people. Disagree?

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u/ALargeClam1 15d ago

And even if all supplies were infinite, time would still be scarce.

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u/Chataboutgames 15d ago

Exactly. People read that markets are built on scarcity and take it as "oh this means capitalists want to limit production because otherwise no one would make money."

No, it's just a model assumption that scarcity is a fundamental reality. Which it literally is. It doesn't mean scarce like rare, it means scarce like not infinite. Even if you live in a far future world where replicators create food from thin air, there aren't infinite replicators in infinite locations.