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As Hosking writes, "The Communists had aimed to build an egalitarian system based on plenty; instead they created a hierarchical one based on scarcity".
The pitch is one based on scarcity and capitalizing on the once-in-a-lifetime availability of licenses for the "best seats in sports" (according to the team's print ads).
Information goods undermine economic systems based on scarcity.
That is because markets are based on scarcity while information is abundant.
That's precisely the problem: the sheer volume of words has overwhelmed a business model that was once based on scarcity and limited choice.
Establishing professional norms in the US worked in the middle of the last century at a time when owners wanted to restore trust and build media empires based on scarcity of resource and distribution.
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I am in favor of evolving from a society based on scarcity-mentality, a society of haves and have-nots, to a more compassionate, just, tranquil, peaceful, and open civilization.
How about changing the conversation by intentionally shifting our workplace cultures from ones based on fear, scarcity and negativity, to ones that promote a strengths based culture, seeing the best in our people, and activating and amplifying the positive.
Clay Shirky, a partner at Accelerator Group, a consulting firm that works with Web start-ups, says the company's plan is based on the scarcity of commercially available domain names -- a scarcity that he says is not going to last.
Based on the scarcity of literature reports so far, one could infer that to date very little progress has been made in identifying optimization-ready leads from phenotypic screens.
"Maybe love is just an economy based on resource scarcity".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com