The basic economics problens of society arise because of scarcity of resources.
Every society has to address three basic problems of daily living namely: what commodities to produce;how to produce them; for whom to produce these goods and services; and how to distribute. It must ration resources over time as well as maintain the current level of output and strive to achieve economic growth in the society
I disagree too, we're past the point of where scarcity was the biggest problem, we alredy have enough for everybody but people lack financial literacy and governants lack competency and incentives to make a better system, in terms of politics we're close to doomed almost everywhere since democracies have the incentive to spend more and more public money and taxes have been raising a lot for the past 100 years
I'm curious to see where we'll go, feels like a transition period
I just hope we arrive in political systems with more freedom and agency for people than systems with more authority