Scarcity describes both a real-world problem and a mentality. Scarcity is a driving force for competition and innovation. In the short term, however, it leads to deprivation.

Do we need scarcity?[edit | edit source]

Only a small degree of scarcity is needed to promote competition and innovation - after all, human appetites are never completely satisfied.

Moreover, there are other drives such as curiosity, altruism, desire for activity, and the love of a challenge, which also contribute to the drive for competition and innovation.

Barriers to competition and innovation are also significant - lowering these barriers will have a similar result in boosting these factors as any theoretical benefits of scarcity.

Alternate ways of thinking[edit | edit source]

Abundance and thrivability emphasize a positive outlook for humanity, and the meeting of human needs. Resilience, while emphasizing the challenges that we face, addresses these largely by finding ways to increase the abundance in our lives, to create buffers against shocks.

FA info icon.svgAngle down icon.svgPage data
Authors Chris Watkins
License CC-BY-SA-3.0
Language English (en)
Related 0 subpages, 3 pages link here
Impact 338 page views
Created October 25, 2009 by Chris Watkins
Modified January 23, 2023 by Irene Delgado
Cookies help us deliver our services. By using our services, you agree to our use of cookies.