Basic philosophy

Look, the economy may be shifting into a new mode of being.  That being may not support the notion that has governed economics from the beginning---that goods are scarce.  What if goods aren't scarce?  What if goods exist in great abundance?  In such a scenario as that, how do you manage an economy that is based upon the rationing of scarcity?

The rationing of scarcity in capitalistic countries is through the price system.  Scarce goods are expensive, abundant goods are cheap.  In contrast, a socialist country will ration goods upon whim to who they think needs it the most at any one given time.  Even with the contrast, both systems are basically doing the same thing, which is to ration scarce goods.  But if goods aren't scarce, both systems are obsolete.  They are obsolete because there's no need to ration goods if the goods are abundant beyond measure.

Are we really entering a stage of human history in which goods are that abundant?  Maybe.  I'm not sure, but there may be a case for such thinking.  It may explain why energy advances are being kept under wraps.  I believe that energy is the key to radical abundance.  If energy was radically abundant, it could drive a series of events that would make most, if not all, goods very, very cheap.  Too cheap to market effectively.  Therefore, in order to keep the markets operating as they have always operated, an artificial scarcity of energy must be maintained.

This artificial scarcity may have first been demonstrated with the successful suppression of molten-salt reactor technology in the early seventies.  Later, when Fleishmann and Pons seemed to have discovered "cold fusion", it was discredited even though in private, there remained a lot of interest that has continued to this very day.  Efforts at so-called "green energy" has been directed towards impractical sources of energy, such as solar and wind.  No serious effort at created a new energy source has been attempted.  Even when there is one, like Polywell Fusion, it is canceled as soon as some success appears to be on the horizon.  Other methods of aneutonic fusion, such as Focus Fusion, are shown little support.  Instead, government seems to be only interested in massively expensive projects like Tokomak Fusion, which size and scope guarantees that it will be expensive, and thus the price structure can be maintained, for a price structure is necessary in order to ration scarce goods.

So, I propose that this reality of a new age should be embraced, as opposed to being avoided, as is now the case.  We may not know where the new age will ultimately take us, but we do know that a system of scarcity of the old age may have lead to what it has always led to --- poverty, misery, and wars.