Scarcity or Abundance

In a conversation today I was reminded of this topic (and talk) given by Tim Sanders (early Creavite pioneer @ Yahoo!). Listen to these two videos and tell me what you think. I think this is a marvelous talk and a topic which is very appropriate for the times we live in. Do we live in scarcity (economy is bad, gas is high, etc) or abundance ( looking at our GDP--this is the most prosperous time in history)

What do you think?