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Linda McQuaig -
Scarcity
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We are assured not just that things will work out over time, but that scarcity is "vanishing before our eyes." Why, look - even as we watch - those 2.8 billion people are going to find food on their plates. Look again in a few hours and their shacks will have toilets - and then air conditioning. In a few days, they'll likely have DVD systems and be doing their banking by cellphone.
Linda McQuaig
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Not only has capitalism failed to bring us to the brink of a scarcity-free world, but in a sense, you could say that capitalism invented scarcity - at least as a deliberate method of economic organization.... The flipside of this bounty, this endless feast, is scarcity.
Linda McQuaig
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Linda McQuaig
Born:
1951
(age 73)
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