buckminster fuller

An economy based on surplus rather than scarcity

  • Posted on: 13 November 2013
  • By: ashok

Today's op-ed by Paul Krugman in The New York Times titled A Permanent Slump? brings to mind the prediction by Buckminster Fuller that the world would be facing an economy which would have to be based on surpluses rather than a scarcity of goods and services. Fuller had laid a timeline of year 2000 as when this would happen.