Regimes

Scarcity plays an important role within economic thinking. Looking at history through the lens of scarcity reveals four regimes.

Scarcity	Currency	Resource
Life	Calories	Food
Natural Resources	Land	Grain
Machines	Money	Finance
Attention	Time	Data

Usually, society polarizes along the resource of a given regime. With scarcity of life, dominance of food lead to hierarchy. With scarcity of natural resources, dominance of land lead to feudalism and the aristocracy. Within the scarcity of means of production, along the lines of finance the working class was created. And within the scarcity of attention, the dominance of knowledge based on data analytics creates hierarchy within society.

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