It's worth emphasising that a great deal of work in unnecessary for improving net happiness and consumes resources in the process and so undermines long term prosperity.
A heretical thought I have had about Star Trek: the Federation has no need for Star Fleet. They're fantastically wealthy and cannot meaningfully gain from trade in physical items. They're not just singularity-esque wealthy relative to the present-day US, they're equally more secure. Nobody kills mass numbers of Federation citizens. That occasionally happens on poor planets elsewhere. Sucks but hey poverty sucks. So w…
The Star Trek Economy
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Re: The Star Trek Economy
#22Scarcity was a problem, is a problem and always will be a problem: http://physics.ucsd.edu/do-the-math/2011/07/galactic-scale-e... And sorry to break the news to you: A capitalistic system can not be run without growth and nobody has ever been able to show how it is possible to run a "steady-state" economy, The end is near. Enjoy the ride!
This is a non-argument. Before money was created, nobody had been able to show that a non-barter economy would work. Or capitalism for that matter. The fact that nobody has so far has figured out a way to make it work doesn't mean anything. The only thing of interest would be conclusive proof that it's impossible.
I'm fairly sure that at some point we need to move over to some sort of steady-state economy due to the scarcity problem [1]. I'm also fairly sure that the transition will happen in small steps and people will only notice afterwards. Some pieces are already being discussed and some have been tried, such as currencies with negative interest, basic income, ...
[1] The only other option being mass extinction. That's a bit meh, I don't feel like being part of that. I'll rather choose Star Trek :)
Re: The Star Trek Economy
#23So, economic models are more or less based on, or at least constrained by, human psychology, right? Communism and socialism don't work because peoples' brains aren't wired to do lots of work for little or no or unequal reward. This isn't restricted to just people, either, it's been observed in monkeys ( http://news.nationalgeographic.com/news/2003/09/0917_030917_... , https://www.youtube.com/watch?v=lKhAd0Tyny0 -- it…
This is the actuality for most people in the West or the Third World. Thinks sweat shops, paddy fields, StarBucks...
Re: The Star Trek Economy
#24Earlier quoted context omitted.
Yep. Aside from the fact that Star Trek economics make no sense simply because there have been several ideological shifts in its fundamental nature over the last 50 years, this is by far the best and most obvious answer to any question of why there are still people flying around in spaceships. Post-scarcity doesn't mean post-danger. No one has to do luge in the Winter Olympics to survive, and not more than 4 years ag…
Yep. This means that when the Federation media covers the battle of Wolf 359 (11k dead, worst military disaster in centuries) it probably caused a brief flurry of controversy leavened with "Well at least they died doing what they loved: live-action role playing" and then it promptly went back to more interesting topics like which pop stars had just broken up. It naturally follows that Earth was never in serious dange…
Re: The Star Trek Economy
#25So, economic models are more or less based on, or at least constrained by, human psychology, right? Communism and socialism don't work because peoples' brains aren't wired to do lots of work for little or no or unequal reward. This isn't restricted to just people, either, it's been observed in monkeys ( http://news.nationalgeographic.com/news/2003/09/0917_030917_... , https://www.youtube.com/watch?v=lKhAd0Tyny0 -- it…
"peoples' brains aren't wired to do lots of work for little or no or unequal reward" This is the actuality for most people in the West or the Third World. Thinks sweat shops, paddy fields, StarBucks...
Ironic that I got to use Marxism to attack communism.
Re: The Star Trek Economy
#26Earlier quoted context omitted.
A heretical thought I have had about Star Trek: the Federation has no need for Star Fleet. They're fantastically wealthy and cannot meaningfully gain from trade in physical items. They're not just singularity-esque wealthy relative to the present-day US, they're equally more secure. Nobody kills mass numbers of Federation citizens. That occasionally happens on poor planets elsewhere. Sucks but hey poverty sucks. So w…
Good take, but the Enterprises have save the Federation from destruction on multiple occasions. With out them the Federation would have been assimilated, enslaved by the Klingons, destroyed by meglomanic advanced alien AIs...
In-universe evidence: despite being in a reality with infinite numbers of capricious demigods, Earth isn't dead yet. This is because Earthlings are essentially capricious demigods by the standards of more primitive cultures, but we really enjoy slumming it.
Re: The Star Trek Economy
#27Re: The Star Trek Economy
#28Re: The Star Trek Economy
#29Honestly, capitalism would be a good system if we had just one example. Closest example is maybe Hongkong or Singapure, see http://www.heritage.org/index/ranking
Re: The Star Trek Economy
#30Scarcity was a problem, is a problem and always will be a problem: http://physics.ucsd.edu/do-the-math/2011/07/galactic-scale-e... And sorry to break the news to you: A capitalistic system can not be run without growth and nobody has ever been able to show how it is possible to run a "steady-state" economy, The end is near. Enjoy the ride!
I disagree. You are told we need to grow by X% p.a. and we need an inflation of Y% p.a. and we need to weaken our currencies to boost exports bla bla.
It is possible to show that this is BS if you thought it through.
BTW, I'd call "them" by their name if I knew it. BTW2, "Economics in one Lesson" was my eye opener, it was written in 1946 but it reads at if is was written yesterday.