Part of a series on |
Economics |
---|
Part of a series on |
Utopias |
---|
Mythical and religious |
Literature |
Theory |
Concepts |
Practice |
|
Post-scarcity is a theoretical economic situation in which most goods can be produced in great abundance with minimal human labor needed, so that they become available to all very cheaply or even freely. [1] [2]
Post-scarcity does not mean that scarcity has been eliminated for all goods and services but that all people can easily have their basic survival needs met along with some significant proportion of their desires for goods and services. [3] Writers on the topic often emphasize that some commodities will remain scarce in a post-scarcity society. [4] [5] [6] [7]
Futurists who speak of "post-scarcity" suggest economies based on advances in automated manufacturing technologies, [4] often including the idea of self-replicating machines, the adoption of division of labour [8] which in theory could produce nearly all goods in abundance, given adequate raw materials and energy.
More speculative forms of nanotechnology such as molecular assemblers or nanofactories, which do not currently exist, raise the possibility of devices that can automatically manufacture any specified goods given the correct instructions and the necessary raw materials and energy, [9] and many nanotechnology enthusiasts have suggested it will usher in a post-scarcity world. [10] [11]
In the more near-term future, the increasing automation of physical labor using robots is often discussed as means of creating a post-scarcity economy. [12] [13]
Increasingly versatile forms of rapid prototyping machines, and a hypothetical self-replicating version of such a machine known as a RepRap, have also been predicted to help create the abundance of goods needed for a post-scarcity economy. [14] Advocates of self-replicating machines such as Adrian Bowyer, the creator of the RepRap project, argue that once a self-replicating machine is designed, then since anyone who owns one can make more copies to sell (and would also be free to ask for a lower price than other sellers), market competition will naturally drive the cost of such machines down to the bare minimum needed to make a profit, [15] [16] in this case just above the cost of the physical materials and energy that must be fed into the machine as input, and the same should go for any other goods that the machine can build.
Even with fully automated production, limitations on the number of goods produced would arise from the availability of raw materials and energy, as well as ecological damage associated with manufacturing technologies. [4] Advocates of technological abundance often argue for more extensive use of renewable energy and greater recycling in order to prevent future drops in availability of energy and raw materials, and reduce ecological damage. [4] Solar energy in particular is often emphasized, as the cost of solar panels continues to drop [4] (and could drop far more with automated production by self-replicating machines), and advocates point out the total solar power striking the Earth's surface annually exceeds our civilization's current annual power usage by a factor of thousands. [17] [18]
Advocates also sometimes argue that the energy and raw materials available could be greatly expanded by looking to resources beyond the Earth. For example, asteroid mining is sometimes discussed as a way of greatly reducing scarcity for many useful metals such as nickel. [19] While early asteroid mining might involve crewed missions, advocates hope that eventually humanity could have automated mining done by self-replicating machines. [19] [20] If this were done, then the only capital expenditure would be a single self-replicating unit (whether robotic or nanotechnological), after which the unit could replicate at no further cost, limited only by the available raw materials needed to build more. [20]
A World Future Society report looked at how historically capitalism takes advantage of scarcity. Increased resource scarcity leads to increase and fluctuation of prices, which drives advances in technology for more efficient use of resources such that costs will be considerably reduced, almost to zero. They thus claim that following an increase in scarcity from now, the world will enter a post-scarcity age between 2050 and 2075. [21]
Murray Bookchin's 1971 essay collection Post-Scarcity Anarchism outlines an economy based on social ecology, libertarian municipalism, and an abundance of fundamental resources, arguing that post-industrial societies have the potential to be developed into post-scarcity societies. Such development would enable "the fulfillment of the social and cultural potentialities latent in a technology of abundance". [22]
Bookchin claims that the expanded production made possible by the technological advances of the twentieth century were in the pursuit of market profit and at the expense of the needs of humans and of ecological sustainability. The accumulation of capital can no longer be considered a prerequisite for liberation, and the notion that obstructions such as the state, social hierarchy, and vanguard political parties are necessary in the struggle for freedom of the working classes can be dispelled as a myth. [23]
Karl Marx, in a section of his Grundrisse that came to be known as the "Fragment on Machines", [24] [25] argued that the transition to a post-capitalist society combined with advances in automation would allow for significant reductions in labor needed to produce necessary goods, eventually reaching a point where all people would have significant amounts of leisure time to pursue science, the arts, and creative activities; a state some commentators later labeled as "post-scarcity". [26] Marx argued that capitalism—the dynamic of economic growth based on capital accumulation—depends on exploiting the surplus labor of workers, but a post-capitalist society would allow for:
The free development of individualities, and hence not the reduction of necessary labour time so as to posit surplus labour, but rather the general reduction of the necessary labour of society to a minimum, which then corresponds to the artistic, scientific etc. development of the individuals in the time set free, and with the means created, for all of them. [27]
Marx's concept of a post-capitalist communist society involves the free distribution of goods made possible by the abundance provided by automation. [28] The fully developed communist economic system is postulated to develop from a preceding socialist system. Marx held the view that socialism—a system based on social ownership of the means of production—would enable progress toward the development of fully developed communism by further advancing productive technology. Under socialism, with its increasing levels of automation, an increasing proportion of goods would be distributed freely. [29]
Marx did not believe in the elimination of most physical labor through technological advancements alone in a capitalist society, because he believed capitalism contained within it certain tendencies which countered increasing automation and prevented it from developing beyond a limited point, so that manual industrial labor could not be eliminated until the overthrow of capitalism. [30] Some commentators on Marx have argued that at the time he wrote the Grundrisse, he thought that the collapse of capitalism due to advancing automation was inevitable despite these counter-tendencies, but that by the time of his major work Capital: Critique of Political Economy he had abandoned this view, and came to believe that capitalism could continually renew itself unless overthrown. [31] [32] [33]
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. The defining characteristics of capitalism include private property, capital accumulation, competitive markets, price systems, recognition of property rights, self-interest, economic freedom, meritocracy, work ethic, consumer sovereignty, economic efficiency, limited role of government, profit motive, a financial infrastructure of money and investment that makes possible credit and debt, entrepreneurship, commodification, voluntary exchange, wage labor, production of commodities and services, and a strong emphasis on innovation and economic growth. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets.
In Marxist philosophy, the term commodity fetishism describes the economic relationships of production and exchange as being social relationships that exist among things and not as relationships that exist among people. As a form of reification, commodity fetishism presents economic value as inherent to the commodities, and not as arising from the workforce, from the human relations that produced the commodity, the goods and the services.
In sociology, the post-industrial society is the stage of society's development when the service sector generates more wealth than the manufacturing sector of the economy.
An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within a society. It includes the combination of the various institutions, agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community.
Use value or value in use is a concept in classical political economy and Marxist economics. It refers to the tangible features of a commodity which can satisfy some human requirement, want or need, or which serves a useful purpose. In Karl Marx's critique of political economy, any product has a labor-value and a use-value, and if it is traded as a commodity in markets, it additionally has an exchange value, defined as the proportion by which a commodity can be exchanged for other entities, most often expressed as a money-price.
Artificial scarcity is scarcity of items despite the technology for production or the sufficient capacity for sharing. The most common causes are monopoly pricing structures, such as those enabled by laws that restrict competition or by high fixed costs in a particular marketplace. The inefficiency associated with artificial scarcity is formally known as a deadweight loss.
General intellect, according to Karl Marx in the Grundrisse, is capable of becoming a structural force of production. The concept designates a combination of technological expertise and social intellect, or general social knowledge. The "general intellect" passage in the Fragment on machines, says that, while the development of machinery led to the oppression of workers under capitalism, it also offers a prospect for future liberation.
Moishe Postone was a Canadian historian, sociologist, political philosopher and social theorist. He was a professor of history at the University of Chicago, where he was part of the Committee on Jewish Studies.
Post-capitalism is in part a hypothetical state in which the economic systems of the world can no longer be described as forms of capitalism. Various individuals and political ideologies have speculated on what would define such a world. According to classical Marxist and social evolutionary theories, post-capitalist societies may come about as a result of spontaneous evolution as capitalism becomes obsolete. Others propose models to intentionally replace capitalism, most notably socialism, communism, anarchism, nationalism and degrowth.
Abstract labour and concrete labour refer to a distinction made by Karl Marx in his critique of political economy. It refers to the difference between human labour in general as economically valuable worktime versus human labour as a particular activity that has a specific useful effect within the (capitalist) mode of production.
Michael Betancourt is a critical theorist, film theorist, art & film historian, and animator. His principal published works focus on the critique of digital capitalism, motion graphics, visual music, new media art, theory, and formalist study of motion pictures.
Affective labor is work carried out that is intended to produce or modify emotional experiences in people. This is in contrast to emotional labor, which is intended to produce or modify one's own emotional experiences. Coming out of Autonomist feminist critiques of marginalized and so-called "invisible" labor, it has been the focus of critical discussions by, e.g., Antonio Negri, Michael Hardt, Juan Martin Prada, and Michael Betancourt.
Throughout modern history, a variety of perspectives on capitalism have evolved based on different schools of thought.
Technological unemployment is the loss of jobs caused by technological change. It is a key type of structural unemployment. Technological change typically includes the introduction of labour-saving "mechanical-muscle" machines or more efficient "mechanical-mind" processes (automation), and humans' role in these processes are minimized. Just as horses were gradually made obsolete as transport by the automobile and as labourer by the tractor, humans' jobs have also been affected throughout modern history. Historical examples include artisan weavers reduced to poverty after the introduction of mechanized looms. During World War II, Alan Turing's bombe machine compressed and decoded thousands of man-years worth of encrypted data in a matter of hours. A contemporary example of technological unemployment is the displacement of retail cashiers by self-service tills and cashierless stores.
In Marxist thought, a communist society or the communist system is the type of society and economic system postulated to emerge from technological advances in the productive forces, representing the ultimate goal of the political ideology of communism. A communist society is characterized by common ownership of the means of production with free access to the articles of consumption and is classless, stateless, and moneyless, implying the end of the exploitation of labour.
The socialist mode of production, also known as socialism or communism, is a specific historical phase of economic development and its corresponding set of social relations that emerge from capitalism in the schema of historical materialism within Marxist theory. The Marxist definition of socialism is that of production for use-value, therefore the law of value no longer directs economic activity. Marxist production for use is coordinated through conscious economic planning. According to Marx, distribution of products is based on the principle of "to each according to his needs"; Soviet models often distributed products based on the principle of "to each according to his contribution". The social relations of socialism are characterized by the proletariat effectively controlling the means of production, either through cooperative enterprises or by public ownership or private artisanal tools and self-management. Surplus value goes to the working class and hence society as a whole.
Social ownership is a type of property where an asset is recognized to be in the possession of society as a whole rather than individual members or groups within it. Social ownership of the means of production is the defining characteristic of a socialist economy, and can take the form of community ownership, state ownership, common ownership, employee ownership, cooperative ownership, and citizen ownership of equity. Within the context of socialist economics it refers particularly to the appropriation of the surplus product produced by the means of production to society at large or the workers themselves. Traditionally, social ownership implied that capital and factor markets would cease to exist under the assumption that market exchanges within the production process would be made redundant if capital goods were owned and integrated by a single entity or network of entities representing society. However, the articulation of models of market socialism where factor markets are utilized for allocating capital goods between socially owned enterprises broadened the definition to include autonomous entities within a market economy.
The Grundrisse der Kritik der Politischen Ökonomie, often simply the Grundrisse, is an unfinished manuscript by the German philosopher Karl Marx. The series of seven notebooks was rough-drafted by Marx, chiefly for purposes of self-clarification, during the winter of 1857–8. Left aside by Marx in 1858, it remained unpublished until 1939.
Crisis theory, concerning the causes and consequences of the tendency for the rate of profit to fall in a capitalist system, is associated with Marxian critique of political economy, and was further popularised through Marxist economics.
Trekonomics: The Economics of Star Trek is a 2016 book by French economist Manu Saadia. The book deals with the topic of the scarcity in the economy by looking at it in reverse. The author describes the 24th-century Star Trek universe in which scarcity does not exist at all. The book explores a post-scarcity age and how our society would need to change to adapt itself to such an environment. It looks at the expectations regarding automation and artificial intelligence and takes readers through a journey of the fictional, moneyless world of Star Trek. It also looks at the challenges to the Star Trek economy.
By post-scarcity economics, we're generally talking about a system where all the resources necessary to fulfill the basic needs (and a good chunk of the desires) of the population are available.
Marx in the Grundrisse speaks of a time when systematic automation will be developed to the point where direct human labor power will be a source of wealth. The preconditions will be created by capitalism itself. It will be an age of true mastery of nature, a post-scarcity age, when men can turn from alienating and dehumanizing labor to the free use of leisure in the pursuit of the sciences and arts.
He could not believe the ordinary people in the Culture really wanted the war, no matter how they had voted. They had their communist Utopia. They were soft and pampered and indulged, and the Contact section's evangelical materialism provided their consciencesalving good works. What more could they want?
It is my vision of what you do when you are in that post-scarcity society, you can completely indulge myself. The Culture has no unemployment problem, no one has to work, so all work is a form of play.
This is not say that Libertarianism can't represent a progressive force, in the right circumstances, and I don't doubt there will be significant areas where I would agree with Libertarianism. But, really; which bit of not having private property, and the absence of money in the Culture novels, have these people missed?
Iain M. Banks and his brother-in-arms, Ken MacLeod, both take a Marxist line: Banks with his communist-bloc 'Culture' novels, and MacLeod with his 'hard-left libertarian' factions.