What is Post-scarcity economy?
From Wikipedia ():Post scarcity or post-scarcity describes a hypothetical form of economy or society, often explored in science fiction, in which things such as goods, services and information are free, or practically free. This would be due to an abundance of fundamental resources (matter, energy and intelligence), in conjunction with sophisticated automated systems capable of converting raw materials into finished goods, allowing manufacturing to be as easy as duplicating software.

Read more about Post-scarcity at: http://www.pdfernhout.net/post-scarcity-princeton.html

About the video: It was made in support of Lauren Britton-Smedley’s proposal to create a pilot FabLab at the Fayetteville Free Library. This is Lauren’s final project for the “Innovation in Public Libraries” class taught by Meg Backus and Thomas Gokey at Syracuse University’s iSchool. In this class we look at avant-garde art from the past 60 years (social sculpture, relational aesthetics, institutional critique, interventionist practice, hacker/maker/DIY culture) and use it as a way to rethink what the library of the 21st century could be. We remain committed to the essence of a public library as a genuine commons, as a university of the people, as a place where the knowledge of past generations is preserved for present and future research, in short: as a democracy machine.

 

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