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If capitalism is limiting our ability to prioritize anything other than the creation of more capital, how do you explain ventures like SpaceX, which are highly
by gimmeDatCheddar 8y ago
If capitalism is limiting our ability to prioritize anything other than the creation of more capital, how do you explain ventures like SpaceX, which are highly capitalistic but demonstrably moving humanity forward?
- aninhumer 8y agoI said "limits" not "prevents". During the Cold War both the USA and USSR developed their space programs extremely rapidly by deciding collectively to prioritise them. Since that ended, the industry has developed much more slowly in the absence of an obvious profit incentive. Indeed, even now, SpaceX has relied on collectively allocated resources from NASA for many of their contracts, not to mention all the research done during that period. And in any case, SpaceX is still an example of prioritising capital creation. SpaceX is a privately owned space launch system, which will likely primarily benefit other privately owned space industries in the near future. We may like that this particular capital is being created, but it's only a small part of the wider economy.