* It seems likely to me that at some point in the postwar era, the world had actually collectively created something like “the material conditions for full communism” — but powerful people made choices that led to a voluntary continuation of the logic of scarcity even when we were no longer physically constrained by actual-existing scarcity. The result has been a squandering of those resources in such a way as to set up environmental catastrophes that will almost certainly return us to a condition of real scarcity.
* What’s going on in Colorado is an outstanding case study in what happens when a black market becomes a legal one, and it’s something we probably won’t see again in any of our lifetimes.
* America’s three biggest jail systems, with more than 11,000 prisoners under treatment on any given day, represent by far the largest mental-health treatment facilities in the country.
* At the University of Toronto, students have created their own exchanges where they can pay students who are enrolled in a class which is full to drop out, thus opening space for themselves. In other words, a secondary market in class spaces has spontaneously emerged (as markets do).