Scarcity has to do with "a small and inadequate amount", which we all understand and sometimes experience. But I have been in a few situations that are fueling the drive in me to challenge this notion. I have also seen a few situations in the same light and it makes me wonder, what exactly is this thing called scarcity? If you take your time to study nature, creation, astronomy, culture, people, animals, you realize that there is no scarcity, at all. Now understand me, there is so much abundance involved in creation that it seems silly to even accept this word as a thing.
Of course with it being so obvious in our different environments, it's difficult to try to reason outside it. There may be little supply of a material, product or service in a particular location or area and to those in said area, it's immediately scarcity. It immediately seems like scarcity is a thing that has actual weight.
Scarcity, as I've come to see it, is a tool, it is artificially created. Now whatever it is those who create it want to do with it, it doesn't matter. What matters is the realization that this is a tool and it's artificial. There are so many resources, so much wealth, so much of everything, but it doesn't go round for a whole lot of reasons. Monopolies can fully control the flow of their product or service. When their supply matches the demand it appears like surplus and abundance, but then when they reduce the supply for whatever reason, and the demand remains constant or increases, scarcity immediately appears.
Scarcity makes increasing prices very easy a thing to do, it makes crowd control and wealth movement and management easy too. If I know for sure that you have a need I can solve and you are giving me a particular value in exchange for it, I can say that my raw materials are either costlier or scarcer and increase the price, and you have to pay higher for it because you need it.
All those things are by the way though, I want to concentrate on the scarcity in our heads. Many of us don't have as many resources as we would have wanted but we survive on a daily basis, we thrive too and it's a marvelous thing. Think about it, I remember when I only had one device which was my laptop, but I did so much with just 3-hour battery life span on that device, I was on socials, I created whatever accounts where necessary, I still had to do my programming and do it well, nobody cares about your excuses.
When I told my mates I only had that laptop, they found it difficult to believe or even comprehend because of the things I did with it alone. I know plenty of others who have managed to do a whole lot with very little. In fact, that's just the case in our most everyday lives. But at the same time I know people who wouldn't even do much with the little they seem to have, talk more of going beyond it. Most times our pursuit of getting more blinds us to the much we already have. That scarcity is in your head, there are so many stars that if God were to share it and give every person on earth one, it would go round and still remain.
Scarcity is in your head, in as much as we are chasing the bag, looking for greener pastures, let's not let the false sense of helplessness, of inadequacy, incompleteness, lack and all of that blind us from where we have come from. If you can't tell how far you've come, how can you tell how far you are yet to go. Whatever we do should be accompanied with measurement and whenever you measure, you clearly see what is, from what was and what can be from, what is.
Let that thought go. There is so much wealth in God, in all of existence. There is no scarcity anywhere!
The Penitself!
Wow, I've really learnt something here, you must be an economist or financial expertise and additionally a tech personnel like I saw on the image @thepenitself. Demands needs regulated supply to keep the product afloat.
I am excited that you learnt something from this. Thank you for reading.
Interesting, I wonder what article you copied, with different words, to write this.
Please let me make something very clear, I have read through the rules, regulations, terms and guidelines for this platform. I don't plagiarize. Anything I write is original in the sense that I am writing from both my knowledge and experiences with a bit of research. I would like it if you are open minded about my posts, thank you.