> Is energy really scarce? Currently the entire world consumes about 165.000 TWh (Tera Watt per hour) which is a lot, but it just a tiny fraction of the energy we receive daily from the sun, which is about 174000 * 0.7 * 3600 TWh = 430.000.000 TWh. On top of this there is all the energy stored inside our planet and atmosphere, which has been subjected for billions of years to the sun’s energy transfer.
By this logic energy has never been scarce. Energy is one the most important scarce resources. Much of the world is currently undergoing an energy crisis.
> Is food really scarce? No, as it can be obtained by a mix of energy and chemical elements.
We have the sun, and there is soil, ergo food is not scarce.
> Are chemical elements really scarce? Let’s pick gold, an element which is notoriously considered rare. The total gold mined in all human history is 200.000 metric tons. But if we look at the abundance of elements on earth, even though the mass fraction of gold is just 0.16 part per million, knowing earth’s mass we can estimate the total gold on earth to be about kg * * 0.16 = metric tons. If we only consider earth’s crust, that’s about 100 times less, which is still a huge number.
Minerals that require more energy to retrieve than value they provide.
You state
> Now I’m going to state something which may either hit you as a profound insight or as an obviousness. Basic resources are not scarce per se, what’s limited is the ability to transform them and make them usable. The fact that we need a human to perform the job is what creates scarcity.
It's a really poorly reasoned thesis and your arrogance to call it a profound insight is just bad. If you have one human and you have a water pump that requires two humans' labor to retrieve one human's water, it is nonsense to say you have a labor shortage. You have a water shortage.That one resource can be used to acquire another does not meant there's only one resource on the board. Everything you've said about labor could be restated as useable energy.
Energy, food, materials, labor, land, time. It's all scarce.
