Bankroll in a post-scarcity society: Does the concept become obsolete?
Bankroll in a Post-Scarcity Society: An Obsolete Concept for Hospitality Professionals? Abstract & Executive Summary (For the Time-Pressed Professional) In traditional hospitality, the " bankroll "—the operational capital required to fund inventory, payroll, marketing, and growth—is the lifeblood of the industry. From a hotel's cash reserves for renovations to a restaurant's float for daily produce, financial liquidity dictates possibility. This 10,000-word treatise explores a radical paradigm shift: the potential obsolescence of the bankroll in a hypothetical post-scarcity society , where advanced automation and resource abundance eliminate material lack. For hospitality professionals, this is not mere science fiction but a profound thought experiment that forces a re-examination of our core values: service, experience, creation, and human connection . We will argue that while the financial function of a bankroll may disappear, the strategic principles it re...