And there’s the third method: subsume it from within. Build a capitalistic product that depreciates a category and eliminates demand, thus rendering entire industries and their related activities obsolete.
It’s why renewable energy is being fought tooth and nail.
Edit: and no, this is not my response to “fastest way to socialism”, this is more like “how to speed-run post-scarcity”
Just depreciate the worthless stuff. If the average person doesn’t need petroleum then that’s 1 less need they have to take care of. If electricity is so cheap from overproduction then it’s practically free.
And here’s where it gets controversial and I start getting downvotes on principle: AI is part of that.
I think you recognize a fundamental problem and yet do not address it.
Superseding an entire industry consolidates the economic weight of that industry into a smaller, more captive market. A capitalist push towards post-scarcity won’t work because the capitalists will always be motivated to implement artificial scarcity to protect their profits. Look at the current cost of computer hardware for one example.
A revolution of some sort would still be needed to truly make a post-scarcity economy, otherwise the fruits of those innovations will remain limited to the hands of the few.
And there’s the third method: subsume it from within. Build a capitalistic product that depreciates a category and eliminates demand, thus rendering entire industries and their related activities obsolete.
It’s why renewable energy is being fought tooth and nail.
Edit: and no, this is not my response to “fastest way to socialism”, this is more like “how to speed-run post-scarcity”
Just depreciate the worthless stuff. If the average person doesn’t need petroleum then that’s 1 less need they have to take care of. If electricity is so cheap from overproduction then it’s practically free.
And here’s where it gets controversial and I start getting downvotes on principle: AI is part of that.
I think you recognize a fundamental problem and yet do not address it.
Superseding an entire industry consolidates the economic weight of that industry into a smaller, more captive market. A capitalist push towards post-scarcity won’t work because the capitalists will always be motivated to implement artificial scarcity to protect their profits. Look at the current cost of computer hardware for one example.
A revolution of some sort would still be needed to truly make a post-scarcity economy, otherwise the fruits of those innovations will remain limited to the hands of the few.