to understand artificial scarcity we have to first look at real scarcity.

  1. Lowtech
    Lowtech
    there are several factors that define real scarcity within our economy. the finite amount of resources, finite amount of goods produced and finite rate at which those goods can be produced. and further factored based on the real amount of goods/resources divided equally among every living individual. this situation would require what is universal no matter the economic "system" in place: (1) resources and (2) effort (be it human-based or mechanical) required to produce usable-materials and items from those resources.

    if we "sell" above production cost, the resources inputted into the production process exceeds the output. effectively the end user has less quantitatively in the commodity purchased versus the resources he paid into the production process. this disparity in input and output is artificial scarcity. profit cannot exist without this disparity. therefore simplified; profit is artificial scarcity. yet, the fact remains, the total of all resources propagated in our economy exists and could benefit billions of people if it were not concentrated among the few.

    today we are spoon fed the idea that capitalism was some how the "better" or somehow "popular" system.

    surely, anything with as such dire implications as artificial scarcity should have been evaluated scientifically, without bias, versus the physical realities of sustaining a civilization in a humane fashion right? yet the truth is no such consensus occurred when capitalism began to assimilate the world. the elites dictated it to us as their subordinates and they still do so today.