A wonderful read!

Creating the abundance [that will drive down the price] in other sectors like finance & insurance is building momentum (with old-businesses doing they utmost to uphold the effects by inventing new transaction costs to substitute the primary cost of money, interest, which today is negligible). Consider an insurance service you could sign-up for that would pay for your accidents and foot the bill on correcting your illnesses, with no shareholders, next to no staff, some AI to collect/process the individual subscriber’s behaviours and choices, and all you’d have to do was participate as jury member to guide the AI in a round-robin fashion until the AI understood when to grant and when to hold back -

Contrast that with the profits of just one business — albeit a larger one at it, the Santander Group — reporting a profit of EUR6bn in 2015!

But this post-capitalistic society will be long in the making because as a species, we will have to have depleted most natural resources, sodded the environment by and large, and to a large degree been exposed to scarcity of food in general — before we realize (out of dire need) that a new modest way of living has to be imposed on all of us.

Only by refrain from consuming will we be able to create a society where even food and other materialistic issues are not relevant; or by inventing synthetic foods that are so close to the original sturgeon that ‘real’ sturgeon roe really has no excess value to consumers (except perhaps from, being real — and to drive that notion into the Caspian Sea so to speak, will take some marketing :)