Scarcity of commodities makes work less valuable. Thus a world in turmoil.
2011-02-24
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As raw materials resources of all kinds become more scarce, the amount of work necessary to obtain goods increases. This is the root cause of the turmoil we see now all over the world. Eventually, no amount of work will suffice to get needed goods such as food and fuel. This will happen first in the third world, but will spread quickly to the first world, to us. In fact, it is already here, but is being recast in the west in terms of governmental debt. Governments have gone into debt to maintain services that are actually no longer viable.
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