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Dear Lemmy, why Star Trek??
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It can mean that if you cherry-pick your clauses, but if you actually take the entire text into account, you are absolutely wrong. Tell me what "basic needs" are met cheaply or freely to the general population of the planet? And I mean all of us. From the children in Beverly Hills to the grandparents in Mozambique. Food, shelter, water. At a bare minimum, those three are available cheaply to everyone on the planet on a post-scarcity planet. We absolutely do not live on one of those at this point.