Invisible hand: the game is ‘means of production’ People: internetz! we own means of production now, yay IH: TOS update:new game is ‘distribution’; aggregate or die People: blockchain sauce! we now own our distribution, yay IH: TOS update: new game is ‘UX’ To be continued
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interesting how characterizing something as scarce is a better way of saying it's differentiated and there is demand
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Demand makes it sound too normal, like there’s a possibility of substitution effects or non-consumption. Scarcity is stronger than that. A drought is not demand for water, it’s a game-ender Perhaps “inelastic demand that serves as system constraint boundary/forcing function”
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Is "liquidity + high risk preference" a scarce resource in this / your view? The answer to that defines the point of agreement I'd like to extract out of "anticapitalist"
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Yes. It defines meaning-makers. The Insufficient Supply of Elon Musks problem, fueling emergence of personality cult capitalism (a good thing imo)
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scarcity seems to be key to make it possible to capture the value that is being created
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The point of capitalism is to incentivize getting around bottleneck scarce resources
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