By Mike Koetting October 28, 2025
I’ve been thinking that Abundance, the Ezra Klein-Derek Thompson book, has the right idea but the focus is too narrow.
The Klein-Thompson book starts with the observation that scarcity is a choice. It then proceeds to assume that the way out of the scarcity trap is to make it easier to create more stuff so that all may experience the abundance of what our technology can produce. This clearly has an element of truth. They correctly identify bottlenecks in our current production of social goods and they are right that there is no political appetite for “degrowth.” So power to their suggestions.
That said, however, they miss the urgency of the situation. A large chunk of the population is furious. Trying to remove obstacles to creating greater supply of desired goods, while laudable, is simply not a solution commensurate with the degree of anger in the body politic. I think Michael Hirschorn, in a recent New York Times op-ed piece, has a better handle on where we are: “Trumpism is more than politics. It’s an emotional gas-main explosion, from people who felt unheard, patronized, left behind.”
Continue reading “The Unnecessary Scarcity We Tolerate Is Tearing Up the Country”
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