The abundance vs scarcity question is a fairly common issue when looking at future scenarios and many others have written on it. What I would like to stress is that the hemisphere shouldn't view either vision as being imposed on it by some outside force. It should be investing in science, technology and education to try to build that future of abundance. It should be looking at government policies and private sector investments that can help eliminate problems of scarcity. We should plan for the worse of the two scenarios. I wouldn't want to avoid planning for potential scarcity in the future. But we should be working and investing to build the better of the two, because if we have a choice, it's certainly the better future to live in.
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