The Completed Abundance Economy: Transforming Land, Labor, Capital, and Entrepreneurship - Part I

This is Version 2. I have decided to add 4 additional papers to our series, all of them related to this paper so I had to make editorial changes to reflect this expansion of the series. In addition, I also corrected the title of one of the videos in the References section, added some explanatory sentences for readability, upgraded the LaTeX code for the equation on page 12, modified the heading for Table 1 on page 3 so that the heading reflects the column names in the table, and made various editorial upgrades. The main sections and the argument of the paper are otherwise unchanged. The classical factors of production—land, labor, capital, and entrepreneurship—provide a compact framework for analyzing scarcity and growth. This paper uses that framework to argue that a converging “Tech Stack” (advanced AI, robotics, abundant energy systems, and lower-cost space transportation) could relax several binding constraints on each factor, with important implications for prices, work, and the distribution of welfare gains. Drawing on 2025–2026 signals and secondary sources (e.g. labor-market risk assessments, corporate scaling narratives, and commodity-market commentary), the paper sketches a scenario-based transition window (approximately 2026–2040). It highlights potential institutional buffers such as scalable retraining systems, dividend-like distribution mechanisms tied to abundant energy, and policy approaches that target safety and market power while supporting experimentation. Two appendices provide (i) speculative 2045 vignettes and (ii) synopses of thebroader Homo Novus series for contextual continuity.