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Topic: Artificial scarcity

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In the News (Fri 24 Nov 17)

  Scarcity - Wikipedia, the free encyclopedia
In fact, neoclassical economics, the dominant school of economics today, defines its field as involving scarcity: following Lionel Robbins' definition, economics is the study of the allocation of scarce goods among competing ends.
It is difficult to abolish all inefficiencies, and some characterize institutional inefficiency as artificial scarcity.
One of the roles of the economist is to discover the relationship between demand and supply and to develop mechanisms (such as pricing, incentives, or penalties) to achieve an optimal outcome (in terms of consumer welfare).
en.wikipedia.org /wiki/Scarcity   (743 words)

 Artificial scarcity - Wikipedia, the free encyclopedia
Artificial scarcity is an economic term describing the scarcity of items even though the technology and production capacity exists to create an abundance.
An example of artificial scarcity is often used when describing copyrighted, or closed-source, computer software.
Things like serial numbers, license agreements, and intellectual property rights ensure that production is artificially lowered in order for business to gain a monetary benefit, thus giving those in the software and digital arts business their livelihood.
en.wikipedia.org /wiki/Artificial_scarcity   (574 words)

 Economic Scarcity
The concept of scarcity is essential to the field of economics.
Scarcity is based on the idea that oftentimes a limited supply of goods or services comes up against an ever increasing demand for it and that, as such, every effort must be made to ensure its proper utilization and distribution so as to avoid inefficiency.
The scarcity of goods and services is brought about by factors such as the limited supply of resources (for example, water, land or people) and the limited capabilities of technology or human skill (for example, those needed for enhanced production).
www.iscid.org /encyclopedia/Economic_Scarcity   (252 words)

 Info and facts on 'Scarcity'   (Site not responding. Last check: 2007-11-05)
Scarcity is a central concept in economics (The branch of social science that deals with the production and distribution and consumption of goods and services and their management).
One of the roles of the economist is to discover the relationship between demand and supply (additional info and facts about demand and supply) and to develop mechanisms (such as pricing, incentives, or penalties) to achieve an optimal outcome (in terms of consumer welfare).
Certain intangible goods are likely to remain scarce by definition or by design; examples include awards generated by honours systems, fame, and membership of elite (A group or class of persons enjoying superior intellectual or social or economic status) s.
www.absoluteastronomy.com /encyclopedia/s/sc/scarcity.htm   (908 words)

Scarcity means not having sufficent resources to produce enough to fulfill unlimited subjective wants.
Alternatively, scarcity implies that not all of society's goals can be attained at the same time.
These things are said to have scarcity value; that is to say, all or most of their value is derived from their scarcity.
pedia.newsfilter.co.uk /wikipedia/s/sc/scarcity.html   (633 words)

 Artificial scarcity
As Sahlins points out, the bourgeois axiom of scarce resources and unlimited wants can be neatly reversed in the case of our hunter-gatherer forbears for whom an excess of possessions was not merely disapproved of but viewed as a positive encumbrance to their nomadic way of life.
It was with the appearance of private property, particularly in its individualistic capitalist form, that the ideology of scarcity took root.
And it is the idea of greed which underwrites the myth of scarcity which, in turn, serves to justify the existence of a market which socialists oppose.
www.worldsocialism.org /spgb/apr98/scarcity.html   (1686 words)

 SCARCITY   (Site not responding. Last check: 2007-11-05)
To say that scarcity exist is not adequate for understanding the causes that may underlie this concept.
Artificial scarcity is a scarcity that is caused or controlled by an additional factor or factors not the scarce item itself.
In classical or neo-classical economic term's scarcity as a concept is only interested in the market place at any moment of time, the present, being investigated.
www.k12.hi.us /~lskillin/scarcity.htm   (699 words)

 Scarcity   (Site not responding. Last check: 2007-11-05)
Scarcity means not having sufficent resources to produce enough to fill subjective wants.
Some see this definition of scarcity as invalid, on the grounds that it assumes both human wants are unlimited.
"Substantivist" economists and economic anthropologists have argued that "scarcity" is a social construct and not a universal.
www.sciencedaily.com /encyclopedia/scarcity   (690 words)

 Scarcity | Topic Definition | Find the Meaning and Define the Answer of Scarcity
In fact, neoclassical economics, the dominant school of economics today, defines its field as involving scarcity: following Lionel Robbins' definition, it is the study of the allocation of scarce goods among competing ends.
If it difficult to abolish them, these inefficiencies imply institutional artificial scarcity.
In alienated labor, the needs resulting from a worker doing noncreative work under some manager's command to produce something that is of no interest (except to earn a wage) can be "solved" by buying unnecessary product.
www.thefreeencyclopedia.com /definition/word.aspx?w=Scarcity   (756 words)

 Technocratic movement - Wikipedia, the free encyclopedia
A technocracy is a socio-economic system, one that is based upon abundance, as opposed to scarcity-based economies like capitalism or communism.
A core conclusion reached by the group is that a price system, or any system based on scarcity, is an illogical means of distribution in the technologically advanced world in which we live.
The theory that 95% of the populace could be unemployed seems extremely suspect given the low unemployment rate in modern capitalist societies, especially in light of the history of such societies since the development of this theory in the early 20th century.
www.wikipedia.org /wiki/Technocrats   (2178 words)

 Re: Economic rents and creative writing
The scarcity you speak of is a scarcity >of copies.
The artificial scarcity is economically destructive because it reduces utility.
The fact that IP laws create an artificial scarcity is not a matter of opinion.
www.talkaboutinvestments.com /group/sci.econ/messages/202647.html   (1523 words)

 Baseball Toaster : Catfish Stew : A Ramble of Artificial Scarcity   (Site not responding. Last check: 2007-11-05)
Creating artificial scarcities are usually frowned upon in free markets, as they are the purview of monopolies.
People hate monopolies, and they hate artificial scarcities, as they jack up prices beyond what the traditional laws of supply and demand would dictate.
Creating an artificial scarcity to drive prices back up, making capacity about 35,000 instead of 48,000, is certainly an interesting experiment to try.
catfishstew.baseballtoaster.com /archives/287138.html   (1360 words)

 The Third Age of the World: Beginning
One is that artificial scarcity is never as good as the real thing - try as we might, the wealth just keeps showing through and screwing everything up.
People who haven't thought about it before sometimes find the idea that we are now creating artificial scarcity in the middle of an ocean of plenty to be a very bizarre idea.
It's the pointless activities and the odd value that are the problem, where the artificial scarcity sneaks in.
www.reciprocality.org /thirdage/chapter0.html   (3375 words)

 Mises Economics Blog: Cato, Lessig, and Intellectual Property
So Lenard and Lessig seem to be on the right side of the IP issue, as opposed to Cato's Thierer--and also Cato's Michael Krauss, whose support for the artificial scarcity of IP led him to support measures that undermine genuine property rights (2, 3), such as the right to trade.
Which is not surprising since the focus on scarcity as the defining issue as to whom will hold something is a principle equivalent to the Marxist view of "each according to his need".
Of course there is more "artificial" scarcity if you deny others the right to use it even though you don't.
blog.mises.org /blog/archives/003067.asp   (2044 words)

 Cox Crow
Monopoly for a limited time, for a specific purpose, is granted, which creates an artificial scarcity.
The distribution method at hand elminates artificial scarcities imposed by physical media, such as paper, film — anything that requires space.
2) Recognize that the scarcity is artificial, that the thing sold is distribution, not "content," and go about the business of distribution in the manner that the customers want.
www.coxesroost.net /journal/2002/07/09.html   (447 words)

 Right on the Money | Econ 101
You know, I suppose even cooking food might be thought of as kind of an artificial thing to the way people live before fire was discovered.
Some artificial things like wonderful paintings or great music are clearly things that we value.
Michael: Well, a lot of scarcity is artificial in the sense that the minimum amount of resources that's required to keep a human being, right, just keeping them alive and healthy can be pretty modest.
www.ktca.org /rotm/shows/326_econ/intvw_mcpherson.html   (2160 words)

 [extropy-chat] Redistribution of wealth
This artificial scarcity helps create an artificial tax base that keeps the government supplied with revinues by which it can pay out subsidies.
This 'economic scarcity rent' has come to be known as 'property taxes'.
So, therefore, artificial scarcity and subsequently artificial prices, need to be established to enhance government revinue.
www.lucifer.com /pipermail/extropy-chat/2004-September/009224.html   (506 words)

 [No title]
We have an economy whose foundation is the assumption of scarcity, and whose framework is the promotion and the preservation of artificial scarcity for the purpose of maintaining an obsolete system of lazy elites, petty corporate dictators, and power-hungry government officials.
Piracy and privacy issues are both examples of attempts to artificially restrict the distribution of information; one for commercial gain, the other for personal gain.
Thus it should be obvious that, in the present economic order, the owner of information is whoever controls the media upon which it exists, and the channels through which it is distributed.
www.os2hq.com /archives/wp33.htm   (1036 words)

 P. S. : » On Artificial Scarcity   (Site not responding. Last check: 2007-11-05)
Today I read about Clay Shirky who has a hard time in copying his own material, of which he is copyholder, because modern tools have been adjusted not to make this copy feasible… to protect copyright.
I think the concept of artificial scarcity is a key concept.
This entry was posted on Friday, April 8th, 2005 at 12:31 pm and is filed under English, activism, economy, artificialscarcity, ClayShirky, copyright, artificial, scarcity, copyfight, politics.
blog.pietrosperoni.it /2005/04/08/on-artificial-scarcity   (292 words)

 The Hindu : Andhra Pradesh News : Artificial scarcity of CellOne cards alleged
The CITU State Committee has charged some BSNL officials with creating artificial scarcity of CellOne pre-paid cards causing hardship to consumers.
Veeraiah, general secretary of CITU, in a statement alleged that the officials were colluding with private firms with a view to causing loss to the public-sector undertaking.
Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu
www.hindu.com /2004/12/26/stories/2004122614340500.htm   (125 words)

 Arianna Online Forums - Human history for the last 15,000 years in a nutshell.   (Site not responding. Last check: 2007-11-05)
Abundance is the dream; scarcity is the nightmare: to the average American.
Scarcity is the dream; abundance is the nightmare: to the monopoly capitalist, who wants to corner the market and make you pay through the nose.
Republicans feel it is their religious duty to create artificial scarcities where ever and when ever possible everywhere in America.
www.ariannaonline.com /forums/printthread.php?t=4982&pp=40   (9575 words)

 defends the artificial scarcity of IP addresses
Artificial sweeteners disrupt your body's ability to accurately guage your caloric intake and regulate your appetite accordingly.
However, for BSA members, these artificial barriers will never be strong enough, as they went on and on about how they need the government to be stronger about enforcing these barriers.
Prolonged periods of exposure to artificial light disrupt the body's circadian rhythms - the inner biological clocks honed over thousands of years of evolution to regulate behaviors such as sleep and wakefulness.
www.stargeek.com /item/65348.html   (3754 words)

 AKMA’s Random Thoughts: Commons, Speech, and the Right Thing
All that artificial scarcity and security isnand#8217;t a market forceand#8212;itand#8217;s a restriction on market forces and is designed to produce a particular outcome, in this case an outcome beneficial to Big Media.
In response, the Commons says that the market and the people are best served by minimizing the artificial overhead of shoring up scarcity, and permitting genuine market forces (what people will pay for and#8220;filteredand#8221; and packaged works, what the true costs of reproducing versions of the work might be) handle the rest.
All that artificial scarcity and security isn’t a market force—it’s a restriction on market forces and is designed to produce a particular outcome, in this case an outcome beneficial to Big Media.
akma.disseminary.org /archives/000181.html   (907 words)

            While agreeing that competition is the principal barrier to social improvement, competition, far from being a cause, is itself the effect of policies that for a long time have caused an artificial scarcity of much needed resources, natural as well as artificial.
If the price of gold hovers around $300 an ounce, it is because its bulk is buried in bank vaults gathering dust.
Their market is not free at all, but controlled by hoarders, all with a common interest in artificial scarcity for their own exclusive benefit.
www.appropriate-economics.org /africa/SIMPOL.htm   (1368 words)

 Scarcity - OekonuxWiki   (Site not responding. Last check: 2007-11-05)
Scarcity is declared one of the basic properties of any economic object.
So because there is scarcity, money and price can be introduced as optimal resource allocators.
If the purpose of economy is optimal allocation of resources, economy abandons itself from the beginning by accepting scarcity as eternal.
en.wiki.oekonux.org.uk /Scarcity   (158 words)

While the scarcity of raw material has been affecting the company's margins, it is in talks with the Chhattisgarh Government for land for plantation.
Scarcity of material is already a problem in many areas, he adds.
MADURAI: Scarcity of land due to variety of reasons has become a major hindrance in providing housing to tsunami victims, who were rendered homeless by the...
finance.za-news.com /news/scarcity.html   (2867 words)

 Manageability - Artificial Scarcity, Garbage Collection and the Long Tail
The whole of economics is based on demand exceeding supply, that is of scarcity.
Well, for starters the classic definition of economics is "the science of choice under scarcity".
Now, in a market of obvious abundance, one strategy that I've stumbled upon is that of creating scarcity by artificial means.
www.manageability.org /blog/stuff/artificial-scarcity   (1158 words)

 Peak Oil is a Corrupt Globalist Scam
Now that the world economy has become so centralized through the Globalists operations, they are going to continue to consolidate and blame it on the West's "evil" overconsumption of fossil fuels, while at the same time blocking the development and integration of renewable clean technologies.
Richard Branson has even stated his intention to set up his own refinery because the price of oil is artificially being kept high whilst new sources are not being explored and new refineries not being built.
A dangerous fallout precedent being set is that people on both the left and right believe wars are being fought in order to tap the last reserves of oil on the planet.
infowars.com /articles/economy/peak_oil_globalist_scam.htm   (1272 words)

 Reluctant revolutionaries – the false modesty of reformist critics of copyright   (Site not responding. Last check: 2007-11-05)
Hackers charge that intellectual property creates artificial scarcity were it does not naturally belong.
This characteristic of artificial scarcity is seen as unique to intellectual property.
Scarcity is the construct of the property relation, which ensures domination and dependency.
journal.hyperdrome.net /issues/issue1/soderberg.html   (9301 words)

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