14 Feb '11 10:43>1 edit
Originally posted by ZenarcticOk, so first thing first.
That is an absolutely relevant question, and I must apologise for assuming you didn't really know what we were talking about. I'm often confronted by ignorance and superficial understanding of the resource based economy, that forces me to respond in the most basic sense, hoping to get people to a level of understanding where they would ask me questions of is ingeniously eliminated through automation technology.
#1 On scarcity.
I disagree on several levels here. First, on the issue that only Actual Scarcity (nice breakdown, by the way) matters. As you say relative scarcity implies that the RBE will be able to use only some resources at a limited amount per year. Some not-as-good (by definition) alternatives can be found but still this implies that there will be differentiated goods and some people will get the better ones. Second, by far the biggest and most important scarce resource of all is...energy. The very notion of the dangers of peak oil (underlying so much of the justification for a RBE) are because alternatives exist but nowhere near give us the bang for the buck that oil gives us. I don't see how RBE solves that issue. In fact, as long as the energy produced is not infinite, energy will ALWAYS be scarce because the more energy you have, the more you can do and so the more you'll use. Energy is by far the biggest barrier to growth in any economic system so it's unavoidable that dealing with its scarcity is essential. In the videos there seems to be a lot of fantasizing about this, including some large underground storages for wind farms. There is no good storage of energy. The way energy is stored today is by converting it to another means (thermal, pumping water back up the dam, etc.) that allow more production later, but with quite large losses.
But let me restate: energy scarcity is unavoidable AND it generates scarcity in all other goods. If you need to prioritize energy spending, you need to prioritize production hence scarcity arises unavoidably in all areas of production as production of one thing implies not producing another.
#2 On money
Zeitgeist makes a hash of describing the monetary system. We've been there in other threads (where me and telerion debunked Money Masters videos) and the amount of misinformation and propaganda is just huge. Anyway, you don't go there and kudos to you, but you focus on the real question here. Does money solve the problem? Money does solve the problem of prioritization, but with an important caveat (which I'll get back to later). Think about it. Everybody receives the same amount of money and prices reflect availability. People would be able to use this money to prioritize spending. If you really want something you'd be willing to pay more and if you don't, then you will use that money for other things. So in the question of prioritization of your spending, money works pretty well. The caveat is, as you mention, that wealth (not just money) is distributed unequally and so many people do not have enough for this prioritization mechanism to work properly. But given a sufficient amount of money and priced choices, prioritization works nicely because of varying willingness to pay.
It seems to me that, in the end, what RBE people proposes are actually solutions for side products of the current system. Side products that are important (wealth inequality, waste, overconsumption of resources, class stratification, etc.) but that are fixable through proper governance. The arguments attack libertarian capitalism on mostly the same issues that most social democrats do but add the ilusion of the end of scarcity.