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Define Dictionary Meaning - True Words & Their Meanings
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  4. Cornucopian

Cornucopian

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  • Justin Bieberundefined Offline
    Justin Bieberundefined Offline
    Justin Bieber
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    A cornucopian is someone who posits that there are few [intractable] natural limits to growth and believes the world can provide a practically limitless abundance of natural resources. The term cornucopian is sometimes used derogatorily, especially by those who are skeptical of the view that technology can solve, or overcome, the problem of an exponentially-increasing human population living off a [finite] base of natural resources.

    In practice, the cornucupian view relies upon the economic law of [supply and demand]: as demand rises for any [commodity], its price rises accordingly, inducing producers to deliver more of it (since they stand to earn more per each unit sold). The subsequent increase in production tends to lower the price and make the commodity available to a wider range of consumers. This view assumes that the resource in question is renewable, or so vast that continued exploitation of supply can continue to meet demand.

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