Edit: Changed title to be more accurate.

Also here is the summary from Wikipedia on what Post-scarcity means:

Post-scarcity is a theoretical economic situation in which most goods can be produced in great abundance with minimal human labor needed, so that they become available to all very cheaply or even freely. Post-scarcity does not mean that scarcity has been eliminated for all goods and services but that all people can easily have their basic survival needs met along with some significant proportion of their desires for goods and services. Writers on the topic often emphasize that some commodities will remain scarce in a post-scarcity society.

  • Menteros@lemm.ee
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    8 months ago

    Capitalism: The best system for harnessing the greed inherent in humans for the benefit of others. Capitalism produces the most wealth, and it’s spread more evenly, than any other system.

      • lobelia581@lemmy.dbzer0.com
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        8 months ago

        Not to disagree, but what examples are there of a different system being practiced which have a more even distribution of wealth?

      • Menteros@lemm.ee
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        8 months ago

        In response to the food crisis, communities rallied together, giving rise to social movements and calls for change, as a sense of solidarity developed among the people. These interconnected issues eroded public trust in the government’s ability to fulfill the basic needs of its citizens. It, in turn, fueled public dissatisfaction and ultimately led to widespread calls for political and economic reforms. The downfall of communism in Eastern Europe was, therefore, not solely a consequence of political factors but also deeply rooted in the economic challenges and fundamental survival concerns faced by the population.

        https://calxylian.com/food-scarcity-and-the-fall-of-communism-in-eastern-europe/

      • intensely_human@lemm.ee
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        8 months ago

        Because the comparison is between systems. In other systems some people often end up with nothing, as in not even enough food to survive. That happens less under capitalism, hence there’s a more even distribution of resources.

        Kinda like two pieces of paper are both thin, but one of those pieces can be thicker than the other one, despite still being considered thin.