&gt; I fundamentally don&#x27;t understand how capitalism will work in a society where scarcity is essentially nil. It doesn&#x27;t make sense.<p>&quot;A society where scarcity is essentially nil&quot; is the part that doesn&#x27;t make sense.<p>Particularly given the degree to which human experience of utility&#x2F;disutility is demonstrated to be strongly influenced by <i>relative</i> rather than <i>absolute</i> conditions.<p>Relative abundance doesn&#x27;t really substantially change the degree to which capitalism does or does not work.