The Limits to Scarcity

By Lyla Mehta,

Book cover of The Limits to Scarcity: Contesting the Politics of Allocation

Book description

Scarcity is considered a ubiquitous feature of the human condition. It underpins much of modern economics and is widely used as an explanation for social organisation, social conflict and the resource crunch confronting humanity's survival on the planet. It is made out to be an all-pervasive fact of our lives…

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Why read it?

1 author picked The Limits to Scarcity as one of their favorite books. Why do they recommend it?

This edited volume questions the notion of scarcity, which is the lynchpin of modern economics. Ever since Malthus’s Essay on Population at the turn of the 19th century, there is a myth that human wants are unlimited (and illimitable) and that the world is too small for all of us and our needs. Economists invented this myth to justify capitalism´s perpetuation of inequality and poverty amidst plenty, constructing an ideology of limitless growth as the only possible response to our predicament of this supposed universal and eternal scarcity. The contributions to this volume reveal how this ideology of scarcity…

From Giorgos' list on living within limits.

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