> We had enough wealth for everyone to have what we need a long time ago.
That's obviously not true today: There isn't enough coronavirus vaccine to go around.
There almost certainly will be enough eventually, but human beings live in the now. There will be another pandemic someday. Or some other natural disaster that creates localized or temporal scarcity. We can't just spin up a new lifesaving drug or a million new homes overnight. Maybe someday we will?
> There isn't enough coronavirus vaccine to go around.
That is mostly a question of regulations. The part that takes so much time is getting the vaccines approved; many researchers don't even try because they know they wouldn't have enough money to get their vaccine approved. Also, most governments negotiate hard to reduce the prices, despite the fact that economic damage from lockdowns is much greater.
That's obviously not true today: There isn't enough coronavirus vaccine to go around.
There almost certainly will be enough eventually, but human beings live in the now. There will be another pandemic someday. Or some other natural disaster that creates localized or temporal scarcity. We can't just spin up a new lifesaving drug or a million new homes overnight. Maybe someday we will?