4 ms·
The global perfume industry is about $50 billion. The porn industry is estimated to be between $6 and $15 billion. The NASA budget is $24 billion, so somewhere
by api 4y ago
The global perfume industry is about $50 billion. The porn industry is estimated to be between $6 and $15 billion. The NASA budget is $24 billion, so somewhere between porn and perfume.
Also much of billionaires' net worth is fictitious paper. You can see this in Musk "losing" $150 billion dollars. That never really existed in the first place. It was leveraged value of things like stocks, not liquid wealth. What actually happened was that Musk's paper net worth was corrected to something a little bit closer to reality (but probably still on the high side).
Actual wealth is physical: stuff, industrial capital, generation capacity, farm land, etc. If you magically redistributed paper wealth to everyone in the world you'd just get hyperinflation since there is not enough actual physical wealth to support all of humanity at anything like a "first world" standard. To get there requires probably another 50-100 years of continuous development, this time smarter using more sustainable practices since unsustainable fossil fuel based development can't get there.
We could get a settlement on the Moon by spending a little more on space than perfume. It's a rounding error compared to the global economy.
If you want to get mad about wasted wealth, get mad about global military budgets and war. That's just blowing shit up and we spend hundreds of times more on that than either space or sustainable development.
- folkrav 4y ago> If you want to get mad about wasted wealth, get mad about global military budgets and war. That's just blowing shit up and we spend hundreds of times more on that than either space or sustainable development. I can't think of a single period in history where there was no war being waged anywhere. As fundamentally non-violent/anti-war I can be, conflict seems inevitable, historically speaking. Getting mad at military spending in this context sounds about as constructive at getting angry at the sky for being blue.
- deleted 4y ago[deleted]
- charles_f 4y ago> The global perfume industry is about $50 billion. The porn industry is estimated to be between $6 and $15 billion. The NASA budget is $24 billion, so somewhere between porn and perfume. If you're doing global markets, add to it budgets from the Chinese space program (9b) ESA (~5b), roscosmos (~4b), jaxa (2b). That's an extra 20b that puts it at about perfume