Agalmics is a form of economics concerning the "study and practice of the production and allocation of non-scarce goods," primarily via free-market trading, open-source initiatives, and flexible standards for intellectual property. Open source and free software communities (freeware) are modern day examples of algamic economies, but is distinct from so called gift culture systems. An algamic economy is a possible form of economy in a Post scarcity society, and it may also be loosely defined as an informal economy. History In 1999 Robert Levin thouroughly discusses agalmics in his published work The Marginalization of Scarcity though it is uncertain whether or not he coined the expression or birthed the idea. Fiction Algamic economies are a key ingredient to the background of both The Green Leopard Plague by Walter Jon Williams and Accelerando by Charles Stross; both of which were Hugo Award nominees. In Accelerando the algamic economy is a proposed solution to a post Technological singularity society.
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