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