post-scarcity economics

Andrew White 🐦‍⬛ ✔ @andrewwhite01 I like taking quotes from ~100 year-old political movements and replacing the political movement's name with "AGI" to see how well they fit. This one lines-up quite nicely. [Embedded image, macOS-style window titled "quote", monospace orange text on dark blue background:] AGI states that this method of operating the social mechanism of the world is now mandatory because we have passed from a state of actual scarcity into the present status of potential abundance in which we are now held to an artificial scarcity forced upon us in order to continue a monetary system which can distribute goods only by means of a medium of exchange. AGI states that price and abundance are incompatible; the greater the abundance the smaller the price. In a real abundance there can be no price at all. Only by abandoning the interfering price control and substituting a scientific method of production and distribution can an abundance be achieved. AGI will distribute by means of a certificate of distribution available to every citizen from birth to death. 11:59 AM · Jul 4, 2026 · 2,766 Views