Meaning of agalmics | Babel Free

Definitions

The study and practice of the production and allocation of non-scarce goods.

uncountable

Examples

“So we can be certain that, over time, more and more basic goods will become⟳ less and less scarce. With these changes, it becomes increasingly important to understand⟳ how human beings allocate non-scarce goods. Indeed, a sort⟳ of "economics" of non-scarcity becomes an important study⟳. But economics is the study⟳ of the allocation of scarce goods. We need⟳ a new paradigm, and a new field of study⟳. What we need⟳ is agalmics.”

“The terminal cleared its throat: “I’m sorry, I was unable to understand⟳ that. What economic system would you like⟳ to pay⟳ in? We accept⟳ money, approved modal barter, agalmic kudos metrics, temporal futures, and—””

“"I work⟳ for the betterment of everybody, not just some narrowly defined national interest⟳, Pam. It's the agalmic future. You're still locked into a pre-singularity economic model⟳ that thinks in terms of scarcity. Resource allocation isn't a problem anymore – it's going to be over within a decade{...}”

CEFR level