The Coming Trade War and Global Depression 

By 

Henry C.K. Liu 

Part 4:  Scarcity Economics and Overcapacity 


The monotheism myth, the belief in the one true God, creator of heaven and 
earth, constitutes a system in which identity depends on the rejection of 
multiculturalism and the subjugation of personal independence. Some modern 
writers 
have placed monotheism at the root of evil in the Western world. Monotheism’s 
vehement legacy is the implied consequence of the law of scarcity, which is 
built upon a logic that rules the scarcity paradigm that proclaims that there 
will never be enough of the blessings and good things necessary for prosperity, 
such as land, resources, even food and water, let alone oil, to go around for 
all to enjoy. But the law of scarcity, like monotheism, is a baseless myth, 
because it does not reflect the visible truth about the real world. The 
scarcity 
myth has come to be regarded as a law in large measure through the enormous 
influence that the Bible has exerted on the making of the Western mind, and 
thus 
the Western fixation on material accumulation.  There is ample evidence that 
scarcity is the result of mal-distribution rather than a natural state. 
Buddhism views the world as a place of plenty, thus Buddhists have no desire or 
need 
to accumulate material things. For Buddhists, the only accumulation worthy of 
effort is good deeds. Joy belongs to the giver. The law of scarcity does not 
derive its all-inclusive power and its pervasive influence from facts about 
the real world or communal human experiences. Its authority flows from faulty 
metaphysical principles and misguided Christian beliefs about the nature of 
God. 
Scarcity is encoded in the Bible as a principle of Oneness (one land, one 
people, one nation) and in monotheistic thinking (one Deity). It becomes a 
demand 
of exclusive allegiance that threatens with violence of exclusion. 
Imperialism and globalization are direct geopolitical outcomes of the Christian 
quest 
for the holy grail of Oneness. 

http://archives.econ.utah.edu/archives/a-list/2005w29/msg00052.htm

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