What could a future sovereign Mars economy look like?
1–10 of 19 posts
Re: What could a future sovereign Mars economy look like?
#2Expensive oxygen
Re: What could a future sovereign Mars economy look like?
#3TL; DR An astrophysicist aims to describe an autarkic monetary system and mixed economy but winds up mostly complaining about fractional-reserve banking and inequality in the most generic terms. Nothing here is stupid nor useful. (There is a little nonsense, e.g. "monetary policy on Mars is somewhat easier because the carrying capacity is exactly constrained by the physical infrastructure," because as we all know tiny islands' monetary systems are always the most robust. But for the most part nothing is ridiculously wrong.)
Replace Mars with North Korea and Earth with the rest of the world and his paper reads coherently, though Pyongyang isn't quite as harsh as the author, e.g. "tourists cannot bring Mars currency back to Earth."
Re: What could a future sovereign Mars economy look like?
#4See Total Recall
Re: What could a future sovereign Mars economy look like?
#5See Total Recall
I was hoping for something more like The Expanse but you're probably right.
Re: What could a future sovereign Mars economy look like?
#6TL; DR An astrophysicist aims to describe an autarkic monetary system and mixed economy but winds up mostly complaining about fractional-reserve banking and inequality in the most generic terms. Nothing here is stupid nor useful. (There is a little nonsense, e.g. "monetary policy on Mars is somewhat easier because the carrying capacity is exactly constrained by the physical infrastructure," because as we all know tin…
Direct link to arxiv paper.
https://arxiv.org/abs/2406.10380
The Weinersmiths' survey "A City on Mars" is a more comprehensive treatment on the subject.
Re: What could a future sovereign Mars economy look like?
#7A thing I have never undestood with the whole "lets build colonies/civiliazation on mars" plans is the following mabye someone here with more expertise can chime in:
Mars is a planet that is VERY hostile towards (human) life at the moment. As far as I know we do not even have the remote technical capabilites to do stuff like terraforming to make marss inhabitable. So that means we would have to create closed constructs that protects humans.
Lets assume, that we have the technology to contruct settlements that are capable of sustaining humans up there. Couldnt we just use the same technology to remain on earth no matter how hostile climate change makes it towards humans ?
Even in the worst case scenarios for climate change. Earth will still look like a paradise in comparison to a "good" day on mars.
Re: What could a future sovereign Mars economy look like?
#8A thing I have never undestood with the whole "lets build colonies/civiliazation on mars" plans is the following mabye someone here with more expertise can chime in: Mars is a planet that is VERY hostile towards (human) life at the moment. As far as I know we do not even have the remote technical capabilites to do stuff like terraforming to make marss inhabitable. So that means we would have to create closed construc…
no, that is a terrible idea, and it is about scale and quality of life.
First, there just is not the technology to do what you propose on Mars. The tech we have is limited to a few at absolutely astronomical costs and many many unknown unknowns.
Second, life in a biosphere will not be able to compare to just living out in the open with (current+100Years) of Tech, Just think how much effort goes into infrastructure for people today, roads, bridges, water supply, electricity, and now imagine having to protect every kilometer from a hostile environment. Just extremely impractical.
Sure, a very select few rich people could survive this, but it just does not scale and is a pretty shitty life. There is no cost effective way around protecting earth's biosphere so that we all can continue to live here.
Re: What could a future sovereign Mars economy look like?
#9When I read "Mars economy" in the title I thought they'd expand on how resources could be extracted economically to sustain human life. Oh boy they just babble about some monetary policy which wouldn't help anybody breathe or eat. It's the smallest problem on Mars, but one with a solution I guess.
And I second the recommendation of "A City on Mars" as mentioned by another commenter here.
Re: What could a future sovereign Mars economy look like?
#10When I read "Mars economy" in the title I thought they'd expand on how resources could be extracted economically to sustain human life. Oh boy they just babble about some monetary policy which wouldn't help anybody breathe or eat. It's the smallest problem on Mars, but one with a solution I guess. And I second the recommendation of "A City on Mars" as mentioned by another commenter here.
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