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comment by WestCoastG
WestCoastG  ·  2118 days ago  ·  link  ·    ·  parent  ·  post: Paul Krugman: Is Growth Over?

Thanks, I'll check the book out. My first thought after submitting my last reply was that money is both the reason why we have the goods and services that we currently do and why a post-scarcity world cannot exist. In such a world, what incentive do people have to produce or give up their ability to profit from it in the first place?




Wingus  ·  2116 days ago  ·  link  ·  

I'm not defending a post-scarcity future (I think it's highly unlikely), however, people are not necessarily motivated purely by monetary incentives. Check out this video on the topic:

http://www.youtube.com/watch?v=u6XAPnuFjJc