Comment on Geologists doubt Earth has the amount of copper needed to develop the entire world

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booly@sh.itjust.works ⁨4⁩ ⁨weeks⁩ ago

This is an article about scarcity, insufficient supply to meet demand.

Artificial demand creation isn’t necessary, or even productive, when the existing demand already outstrips supply.

And if it is the case that demand is much higher than supply, that’s a baked in financial incentive that rewards people for efficient recycling.

Capitalism is bad at pricing in externalities. It’s pretty good at using price signals to allocate finite resources to more productive uses.

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