Friday, January 18, 2019

Of The Political Economy of a Multi-Planet Civilization

                  As I mentioned in previous blogs the secret space program is working on technology greater than anything in the public eye.  Eventually, this secret program will have the capability to explore planets that can support life.  There are planets that scientist think may be able to support life close to our solar system.  Also, there are stories coming out about astroid mining.  I suspect that the astroid mining is a cover story for off world commerce.  There is enough money missing that it is reasonable to suspect that some of this money is going to another planet.  Perhaps, its being used for interplanetary commerce or even a tribute.  Either way there is so much that we are not being told.  Currently, the economy is behaving like an open system.  This means that the economy is not a zero sum game with winners and losers.  Rather, everyone is benefiting from economic growth.  This is evident as wages have consistantly gone up for the last several months and numerous jobs are being created every month. 
                In order for a civilization to become a multi-planet civilization it would need payment and communication systems in space.  As I've mentioned in a previous blog, the E.U is building out its own payment system independent of America's financial clearing system.  Also, Japan has its own financial clearing system and is allowing Russia to use it.  This is to allow Russia to get around American imposed sanctions.  As I've mentioned in an earlier blog, China is building communication systems in space as part of its One Belt, One Road Project.  I suspect that eventually China will build out its own clearing system in space.  In summery, the building out of infrastructure in space is evidence that the elites are preparing to become a multi-planet civilization.
             Trump announced that America needs another space force.  This implies that America already has a space force as I mentioned in a previous blog, the Strategic Defense Initiative was designed to intercept missles via a laser from space.  This is only a few generations away from the technology neccesary to wage cosmic war.  I am by no means suggesting that we are heading in that direction.  However, world leaders will have to be careful in the coming decades to prevent such a war from taking place.  Given that China and Japan are building out infrastructure in space its likely that they are close to working on their own space force. 
            NASA is working on developing a warp drive that would allow space ships to travel faster than light speed.  Astroid mining cannot be accomplished using chemical rockets.  I suspect that in the near future we will the rolling out of more advanced space travel.  Indeed, enormous space ships that can carry hundreds of tons of physical goods would be needed in order to conduct interplanetary commerce.  Interplanetary commerce would be an vital part of a multi-planet civilization.  In order to support such commerce, many space ports would be needed on both Earth and the colonies Earth would build.  The U.K, Portugal, and Austrial already have their own space ports.  Also, interplantery banking would be necessary.  Workers would need to be able to move to where labor is in demand between planets.  This means that loans, human capital, and capital for business would flow seemlessly between multiple planets.  This would drive down the cost of capital considerable and wages would have to rise in order to attract workers.  Workers would need to be trained in the skills neccesary for working in the new economy.  Its possible that these newly discovered planets would have resources on them that could be mined and exported to Earth.  Its plausible to assume that a planet that can support life could have land suitable for agriculture.  Furthermore, real estate would have to be developed for these minning and farming communities.  There would be a wealth of knowledge provided to scientist by the new elements and species of plants and animals that would be discovered.  Factories would have more demand than they have capacity to produce because of all the space ships and equipment needed for colonization.  This issue occured in the early 2000s when the demand for cars was so high that manufacturers could not keep pace with demand.  Perhaps, more advanced technology could solve this problem.  This boom in scientific discovery, commerce, and investment would spur decades of uninterupted growth. 
             There is one problem the colonizers and investors may encounter while developing a multi-planet civilization.  That is the possibility of intelligent life already occupying the newly discovered planets.  By intelligent life I mean life as intelligent as humans and with the same capacity for language and culture.  However, the human colonizers and the aliens could peacefully co-exist.  The aliens would speak a different language than the Earthlings.  This could be overcome by pointing to objects then using words to refer to them.  Eventually, many new languages and culture would be learned.  If the aleins are more advanced  then Earth would have to be cautious towards them.  We would need to quickly emulate their technology especially their military technology.  Earthlings may have to limit their colonies on planets occupied by such groups to trading cities.  Also, planets that sustain life that are not occupied by such groups would be suitable for settlement.  Aleins and Earthlings could even learn from each other and trade. It is important to note that if banking were take place between humans and aleins that we would have to be very carefully not to become too indebted to the aleins or give them too much equity.  For by giving someone else too much equity or becoming too far indebted to them, we would essentially be relinquishing our freedom that group or individual.  Equity is ownership by an investor in a business.  A classic example of this is a share of stock in a corporation.  When a company becomes a corporations by going public an investment banks issues shares of the company.  These shares are stock that represent partial ownership in the corporation.  The United States federal government is losing sovereignty to other countries such China, the U.K, and Argintina because the federal government is in enormous debt to these countries.  This could result in financial and business decisions being made in Beijing or London.
                 In order for everyone to enjoy the benefits of this civilization becoming a multi-planet civilization governments and compaies around the world will have to be more transparent.  Secrecy is the source inequality.  This is because secrecy hides opportunities and destroys financial liquidity.  In other words, secrecy prevents most investors from making informed decisions.  Indeed, companies have information they are entitled to keep confidential.  However, it is evident that some companies do not disclose information that is not sensitive as we saw in the wake of the 2008 financial crises.  Also, compaign finance would have to reformed in order to ensure that the voice of people has a greater influence on state and federal governments than corporate campaign donations.  Government agencies would have to be throughly audited to ensure that there is little waste in the federal government.               

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