Science fiction in recent decades has included an extensive exploration of an economic idea, or at least an economic term: The concept of scarcity. In a peculiarly science-fictional dialectical move, this exploration takes place by assuming the absence of scarcity and asking what follows from it.
The late Iain M. Banks is well known for making “post-scarcity” a premise of his Culture series, for example. In effect, this idea makes advanced technology a kind of djinn that can grant human wishes.
Similar ideas actually have a long history in science fiction.
Continue reading Economics in science fiction: Aladdin’s Lamps, technocracy and “post-scarcity”
