Scarcity Thinking: Why the Way We See Resources Shapes Everything

Scarcity Thinking: Why the Way We See Resources Shapes Everything

We’ve all been there. That moment when you feel like there’s just not enough—not enough time, not enough budget, not enough talent, not enough opportunities to go around. It’s a feeling that creeps into our decision-making, our relationships, and especially into the cultures we build at work.

At Lillian Moya & Company, we spend a lot of time thinking about the human side of economics—not just the numbers and spreadsheets, but how our beliefs about resources shape the way we treat each other and build our organizations. And one of the most powerful (and often invisible) forces at play? Scarcity thinking.

What Is Scarcity Thinking?

Scarcity thinking is exactly what it sounds like: a mindset rooted in the belief that there isn’t enough to go around. Not enough success, recognition, opportunities, or resources. When we operate from scarcity, we see the world as a zero-sum game—if you win, I lose. If you get the promotion, that’s one less opportunity for me. If we invest in your project, mine suffers.

It’s a protective instinct, really. Our brains are wired to notice threats and limitations. But here’s the problem: when scarcity thinking becomes the default lens through which we see everything, it doesn’t just affect our decisions—it fundamentally changes how we show up for one another.

The Human Cost of Scarcity

When scarcity thinking takes root in an organization, you start to see it everywhere:

People hoard information instead of sharing it freely, worried that knowledge is power and giving it away means losing their edge.

Collaboration feels risky because if someone else shines, it might dim your own light.

Innovation stalls because trying something new means using resources that feel precious and limited.

Trust erodes because everyone’s operating from a place of self-protection rather than collective possibility.

The irony? Scarcity thinking actually creates the very limitations it fears. When we hold tight to what we have, we cut ourselves off from the generative power of collaboration, creativity, and shared success.

Human Economics: A Different Approach

This is where human economics comes in—the understanding that how we approach one another isn’t separate from organizational success; it is the foundation of it.

Traditional economics focuses on the allocation of scarce resources. But human economics asks a deeper question: What if the most valuable resources—creativity, trust, collaboration, goodwill—actually multiply when shared rather than divide?

When you share knowledge, you don’t have less of it. When you celebrate someone else’s success, it doesn’t diminish your own. When you invest in relationships and create psychological safety, you unlock innovation and resilience that no amount of hoarding could ever produce.

Building Organizations That Thrive

Organizations rooted in abundance thinking—the opposite of scarcity—approach success differently:

They celebrate wins across the board, knowing that success in one area lifts everyone up.

They invest in people, trusting that developing talent creates capacity rather than depleting it.

They share information freely, understanding that transparency builds trust and trust drives performance.

They encourage experimentation, knowing that innovation requires the space to try, fail, and learn.

These aren’t just feel-good principles. They’re strategic advantages. Study after study shows that organizations with high trust, strong cultures of collaboration, and genuine investment in their people outperform their competitors—not in spite of their people-first approach, but because of it.

The Shift Starts With Awareness

Here’s the good news: scarcity thinking isn’t permanent. It’s a habit, and like any habit, it can be changed.

It starts with noticing. When you find yourself thinking “there’s not enough,” pause and ask: Is that actually true? Or is that fear talking?

Then, practice abundance. Share credit. Celebrate others. Invest in relationships. Create space for collaboration. Make decisions from a place of possibility rather than protection.

And if you’re a leader? Your mindset sets the tone for everyone. When you model abundance—when you demonstrate through your actions that success isn’t finite, that there’s room for everyone to thrive—you give permission for your entire organization to do the same.

The Bigger Picture

At Lillian Moya & Company, we believe that the future belongs to organizations that understand this fundamental truth: how we treat each other matters. Not as a side note to the “real work” of business, but as the very foundation of sustainable success.

Human economics isn’t soft. It’s strategic. It’s recognizing that the quality of our relationships, the generosity of our collaboration, and the abundance of our thinking directly impact our ability to innovate, adapt, and thrive.

So the next time you notice scarcity thinking creeping in—whether in yourself or in your organization—remember: there’s another way. A way that’s more human, more generous, and ultimately, more successful.


What would change in your organization if you approached every decision from abundance rather than scarcity? We’d love to hear your thoughts.

Rethinking Needs and Wants: Economics Beyond Money

Rethinking Needs and Wants: Economics Beyond Money

Economics is often reduced to money—spending it, saving it, and maximizing it. But at its core, economics is not just about currency or the exchange of goods and services. It is the study of how humans make choices in a world of limited resources. This includes how we define what we need versus what we want—and how those definitions are shaped by more than market price tags.

To truly understand the difference between needs and wants in an economic sense, we must expand our lens beyond dollars and cents. Let’s take a closer look.

1. The Essence of Economic Needs

In traditional economics, needs are considered the essentials for survival: food, water, shelter, and basic healthcare. But when we consider economics as the study of how people live, decide, and prioritize in real-life contexts, needs begin to reflect psychological, social, and even cultural dimensions.

A child may need education to thrive in society. A refugee may need safety and belonging more than currency. A remote worker might find that reliable internet is just as much a “need” as running water. Needs are deeply rooted in context—geographic, societal, personal.

In this broader perspective, needs are not just about survival. They are about the conditions required for human dignity and participation in one’s environment.

2. Wants: The Texture of Choice

Wants are typically framed as the extras—things we desire but can live without. In consumer economics, these are branded sneakers, the latest phone, or designer lattes. But when economics steps beyond transactions, wants become expressions of identity, autonomy, and aspiration.

Consider how a community artist “wants” a space to create. Or how a young adult “wants” to travel to better understand the world. These are not frivolous longings; they are reflections of purpose, growth, and self-actualization.

In this way, wants often reveal what we value most deeply—not necessarily in opposition to needs, but as extensions of them.

3. Scarcity and Subjectivity

A central tenet of economics is scarcity: we have limited time, energy, attention, and materials. The tension between needs and wants is not about judging which is morally superior, but about understanding the trade-offs we constantly navigate.

A mother may sacrifice her own creative wants for her child’s educational needs. A city might debate whether green parks (a “want” for leisure?) are as essential as housing (a “need” for shelter?). Yet research shows that public green space is a need for mental health.

What was once seen as a luxury becomes essential once we understand the holistic nature of well-being.

4. Reframing Economic Literacy

Teaching people to manage their money is important, but teaching people to understand how their values influence economic decisions is equally vital. This is where behavioral economics, human-centered design, and even social justice intersect with classic economic principles.

Understanding the true nature of needs and wants requires:

  • Reflection: What are the needs behind my wants?

  • Empathy: How might another person’s needs look different from mine?

  • Systems Thinking: How do policies and environments define what’s possible?

Economic literacy is not just knowing how to budget—it’s understanding how every decision is a vote for the kind of world we want to live in.

5. Economics as a Human Story

Ultimately, economics is a narrative: of individuals making choices, of communities designing systems, of societies asking, What do we value? When we move beyond money, we begin to see that needs and wants are not opposing forces, but overlapping threads in the fabric of human life.

Some needs are invisible, yet vital. Some wants are deeply rooted in need. To distinguish them, we must first recognize that the economy is not an abstract machine—it’s a reflection of us.

Closing Thought:
Next time you hear someone say, “That’s just a want, not a need,” pause and ask: Who gets to decide?
The answers may not lie in your wallet—but in your worldview.