artificial scarcity
Noun
Meaning
artificial scarcity (countable and uncountable, plural artificial scarcities)
Scarcity of items despite the available technology for production or the sufficient capacity for sharing.
Examples
Government control gives rise to fraud, suppression of Truth, intensification of the black market and artificial scarcity. Above all, it unmans the people and deprives them of initiative, it undoes the teaching of self-help.
Artificial scarcity can hardly serve as a justification for the legal framework that causes that scarcity.
Artificial scarcity, on the other hand, is the outcome of such arrangements.