this post was submitted on 22 Jul 2023
1514 points (77.9% liked)
Memes
45731 readers
960 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Capitalism creates scarcity to generate profit. We live and have been living in a time of unprecedented efficiency productivity and abundance. Artifical scarcity is used to keep workers from resisting wage slavery.
Companies would rather sell more product then pretend for it to be rarer (except for stuff like diamonds but those are selled to rich, successful people anyway)
That's such a naïve thing to say. Artificial scarcity is incredibly common and used as a marketing tool by nearly every industry. My favorite example is when digital content has "limited edition" copies.