Message 06040 [Homepage] [Navigation]
Thread: oxenT06018 Message: 22/34 L10 [In index]
[First in Thread] [Last in Thread] [Date Next] [Date Prev]
[Next in Thread] [Prev in Thread] [Next Thread] [Prev Thread]

Re: Scarcity and limitedness - again (was: Re: [ox-en] Commons in a taxonomy of goods)



Stefan Merten wrote:
Scarcity describes a situation where despite
better knowledge there *won't* be more apples
- for instance to keep the prices high.

This is commonly referred to as "artificial scarcity"
because it is constructed by those seeking profit.

It is a common and old problem.  One of my favorite writers on the
subject is Frédéric Bastiat with his sarcastic approach such as
http://Bastiat.org/en/petition.html

A modern example is Belgian farmers destroying milk to raise prices:
http://www.youtube.com/watch?v=pDAjMcDWDZ0

Also see the comments from Zikzak at
http://P2PFoundation.net/Artificial_Scarcity
_________________________________
Web-Site: http://www.oekonux.org/
Organization: http://www.oekonux.de/projekt/
Contact: projekt oekonux.de



Thread: oxenT06018 Message: 22/34 L10 [In index]
Message 06040 [Homepage] [Navigation]