Who Benefits From The Privatization Of Space?

[@Mustang-ll9ud]

"Less like Star Trek and more like Altered Carbon." Exactly what I thought lol

[@marcos-ll2yr]

that's horrible but is gonna happen

[@rakeantl6730]

I guess it's more to The Expanse

[@gj9157]

Yeah because that's more realistic.

[@ghostplayzbusters]

It will be like the expanse of the then it will slowly begin to turn into altered Carbon

[@edwinku5651]

Baseless statements

[@LucasDimoveo]

I wish that we could go with the "common heritage of all human-kind" option, but it seems like we all need to actively push for going to space. It can't be "Bezos' space vision" vs "don't go at all". We need to have an aggressive international push. If one country or one company does it because others won't (or can't), then we are in trouble.

[@quisqueyanguy120]

That will never happen actively with democratic regimes because the politicians need to give results every 4-5-6 years, they tend to take very short-term actions. Only people with real WILL or autocratic regimes like China can expand into space investing in long term.

[@timglover8328]

nasa hasnt fully handed over the reigns. Nasa still in charge of deep space exploration. Space x and boeing are only in charge of low earth orbit stuff. And splitting the work load is obviously a good thing. Tbh. Having a company doing it makes it more accessible. The companies arent that greedy. Especially in space x’s case. The more the rockets are reused the cheaper it becomes for a ticket. Just bare all this in mind.

[@markschroter2640]

There should be one rule. Once you leave the gravity of Earth, then Earth doesn't make the rules.

[@timglover8328]

Mark Schroter well. Then earth rules apply on the moon?

[@timglover8328]

Mark Schroter thats very difficult to measure. Because the gravity goes to micro gravity. And that fades. And is very difficult to detect.

[@hideyoshi9636]

Anyone missed the space cow? I certainly missed him.

[@Jackuves]

ya

[@stanleys.8224]

Vintage second thought videos!

[@livethefuture2492]

Yeah, I feel second thought isn't making as many science videos anymore.

[@gillesmeiresonne4476]

the real question is: how many toyota corolla's can u make out of one comet

[@eyyy2271]

@@gillesmeiresonne4476 About 3

[@lordulberthellblaze6509]

I feel another scramble for africa coming with future space exploration.

[@sportsfails4998]

Lord Ulbert Hellblaze scramble for space

[@evilotto9200]

not indigenous workforce to exploit this feels more like antarctica

[@agentc7020]

Evil Otto no, antártica is mainly used for science, space seems to be heading as international gold rush and that’s not good

[@cv4809]

@@agentc7020 how is that not good?

[@fatalshore5068]

It is happening right now, you should look into it if you are interested. Daewoo, the Korean company, owns a disgusting amount of the arable land in Madagascar and China is up to all sorts as well I believe. The scramble for Africa is not as it was in the 20thc, now it's all about finance and neo-economics. Economic leverage = political leverage.

[@sportsfails4998]

Finnally he’s making space videos again. I love the political ones too, but the way he covers spaceflight is just really entertaining.

[@gigopepo]

But hey... This is an INSANELY political topic that just happens to involve space stuff.

[@TheGoblinoid]

@@AxxLAfriku ...what?

[@nutman2353]

AxxL] Dude, I see you every where, and I’ve been meaning to ask if I can try whatever drugs you’re taking.

[@MrBassbump]

Very political. That's what happens when the KZbinr is a socialist

[@Adraria8]

Now we have space political episodes!

[@atm0t5]

I just don't want to imagine what will happen in space knowing what kind of atrocities are done on earth by private corporations.

[@alexandrub8786]

You don't need to imagine,just read what happened to the haitian slaves. Basically it was cheaper to just buy other slaves rather than to better the living conditions of the slaves so most of the slaves who got there died. And if you didn't heard of that when you were 12 then you will not hear about the Martian starvings.

[@atm0t5]

That is why I said that don't want to and avoided to mention any concrete example. I think a lifetime is not enough to only read all the tragedies that happened in any part of this planet and soon we (mankind) will do it in space.

[@risky_busine55]

Exploiting space laissez-faire style would not lead to a utopia, it would be a dystopia

[@achubbs8641]

Pure dystopian

[@jdavi6241]

yep, we're gonna get trapped here with all the space debris bumping into itself breaking up and sending more chunks as a chain reaction to break all the other space shit, then we'll be stuck thanks to space junk blocking our way out without shredding us to bits. We gotta get it right soon.

[@financiallydevestatedtrump9904]

o k b o o m e r

[@comradebanana129]

Basically

[@financiallydevestatedtrump9904]

@Pioneer Shark I disliked my own comment for you

[@hieubuiminh4739]

Imagine actually thinking long-term enough 😂

[@dustinjames1268]

Why is that a bad thing? Civilizations outlast a single generation. I'm not sure what your point is

[@lpcairns02]

Dustin James I don’t think he’s saying it’s bad, he’s saying it won’t happen

[@andreasoctavo]

Dustin James He was being ironic.

[@dustinjames1268]

@@lpcairns02 The Wright Brothers also said a plane will never cross the Atlantic Ocean. They were the ones who invented flight.

[@timglover8328]

Sure he was thinking ahead. But when he said automation is good for everyone I physically laughed at him. And its 3 am

[@shracc]

the closest thing to redistributing the wealth that could reasonably happen is a tax on profits made from space that goes to the united nations, which can then be used for something like a global ubi

[@evilotto9200]

musk will employ the whole of earth's population to service his harem of martian cat-girls

[@wulfleyn6498]

That might be a good idea.

[@fatalshore5068]

Smells a little of one world government. I like the idea, I am a lefty who loves centralisation mechanisms such as the UN however a lot of people are going to be against that due to the world govt. idea.

[@0fficerpimp]

Nah that's just a bad idea

[@hiiamhi.23]

@@fatalshore5068 I think it would be something like the UN helps distribute the money and resources based on the needs of the countries, but have no power over them.

[@dragonite5315]

Let's be serious.. Us the poor, can't afford to go in space even the median class can't... Only the top

[@SecondThought]

Correct, which is why space industry must be democratically governed to prevent the ultra-wealthy from basically becoming gods.

[@sovietarchie7518]

But if there’s a interest in space. new technology will be created that’s might make it affordable to the middle class

[@dragonite5315]

@@sovietarchie7518 yeah.. It can/could pe possible.. But the power is already shifting to them... Just look how much some profited from the pandemic.. The private sector of the health care industry made lots of cash.. By literally killing people with their high prices.. Just look how expensive a mask is... They will do the same to the space industry so they can keep the power of it.. They will make it an monopoly.

[@-mwolf]

@@SecondThought No, we just need to prevent super wealthy people from existing in the first place.

[@dragonite5315]

@@sovietarchie7518 I'm not saying is not possible.. But look how many times they've done the same... To each new industry... If there will be a company to make it affordable it will be immediately destroyed by the big corporations.. So they can keep the control/The power, and soo they can kill the competition

[@LibertarianLeninistRants]

Such an important topic! I am really looking fearful into the space future, private corporations make me really worried about the usage of space. Individual nations are not really better, but companies are always subject to the profit motive while countries could at least go beyond that.

[@Fozzy1776]

Libertairan Leninist lol

[@alexandrub8786]

Pretty sure that was how old colonies look. But if you want to see a corporation-state look at The Dutch East Indies Company or the British Raj whent it was the British East India Company.

[@brokkoliomg6103]

To be fair, the main rocket-making-partner of NASA for the last decades, the ULA, was also just an alliance of private companies as far as I'm concerned.

[@markschroter2640]

Corporations own the world. They have for centuries. Space will be no different.

[@Moosemoose1]

@@alexandrub8786 Don't forget the Congo Free State now

[@dohickey7184]

While I enjoyed all the more political content you have made recently I must say I missed these kinds videos.

[@SecondThought]

Thanks. This one comes with a political message though 😉

[@JeroenDoes]

And not a subtle. Sadly the thing the video is advocating goes against human nature. It will not happen.

[@dragonite5315]

It wouldn't have been political if these issues weren't made political in the first place.. For an example if the Right party, the Republicans were to care about these things too.. It would have been great. If trump was AOC it would have been great.. If both political parties.. Would have taken TOGETHER action on these problems, it would have been great.. But unfortunately is not just milk and honey.. And they compete with each other on some scientific facts... Maybe in a parallel universe the right would have taken action on climate change.. The right would have cared about people.. It just happened here that the left cares more. But I do understand you.. And I feel really bad that these things became political.

[@dragonite5315]

And I agree with second taught.. Because now these problems are political.. (Unfortunately).. It would have been great for the both political parties to agree and not just one

[@dragonite5315]

And second thought just spreads the message.. And I praise him/the team for doing it.

[@CultofThings]

"If we can think big picture..." Yes..."if"

[@alexandrub8786]

That isn't a defect of democracy. The lingest term you can think of is the piint where you are elected(i.e. the next election usually 4 to 8 years)

[@matteste]

Part of the backstory of one sci-fi story I once came up with, the advance of space technology only widened the divide between the rich and the poor until only the rich could actually go to space. This resulting in pretty much all of them leaving the Earth to live on space colonies, still earning fortunes and maintaining control over the poor back at Earth, becoming near deified while an illusion of care and freedom still being enforced on the planet. Wars and the like are still fought, but the wealthy can watch safely from their space homes while those on the ground are driven by things such as patriotism and the like believing that their actions actually matter. By the time the story actually start, the two groups have been separate by such a wide gulch and for so long that neither really understand the others existence while still maintaining the system put in place long before they were born. All while huge proxy wars a fought for those up there in control. Those on Earth have been so dehumanized to the point that even kindhearted descendants of the rich don't even realize that it is humans that they see down there, while the wealthy have become so deified that many don't even realize that they exist and that they are defending the system. Again, this was just some stupid story I came up with once, but it was based somewhat on this line of thinking.

[@tardarsauce3355]

The Group of 77 sounds like the most common sense thing I have heard regarding the resource use of space!

[@NonContinued9505]

I think you've done an excellent job with all of your political videos, but this one, which combines science and politics is one of my favorites, so thank you :)

[@thedoruk6324]

@SecondThought Megacoorporations coloborate with governments for a better future! ( *Laughs in WeylandYutani coorporation* )

[@eyyy2271]

*Laughs in US Government and Corporations*

[@fatalshore5068]

*Laughs in Imperium and Mechanicus*

[@nikkity5491]

Building better worlds™

[@thedoruk6324]

@@nikkity5491 patented words!

[@alexandrub8786]

@@thedoruk6324 i mean theUScorporation wantto pattern ADN sequences,very possibly your's. It would nit surprise me if they would make the first colonist slaves,serfa or dependents.

[@Voyager2525]

I think that there are a couple of misconceptions here. One is that it's easy to make money from space. This is simply not true. Stating that the materials on an asteroid are worth, say, $25 trillion, means nothing until you calculate how much it would cost to extract and transport said material. Right now, resource extraction does not make sense financially because of the (literally) astronomical cost of doing anything in space. Soon it will, I think, but the first resource extracted will probably water, to be made into fuel (hydrogen and oxygen) for other spacecraft. Either way, while there is money to be made, it's not as much as you think, at least in the short term (I am talking the next several decades). Another misconception is that private business involvement in space travel is new. In fact, every spacecraft flown by NASA has been made by private companies, and has enriched their CEOs and stockholders. The difference with the new model, is that now the businesses are taking much more risk. Under the old model, NASA would pay the cost of building the spacecraft, plus a profit margin. This was true no matter how expensive the spacecraft was (look up "cost-plus" to see how this works). This meant that a corporation took no risk (since payment was guaranteed), and the more expensive they could make their rocket, the better for them (since a 10% profit margin on 5 billion is more than a 10% profit margin on 1 billion). Under the new (fixed cost) model, SpaceX and Boeing were paid to develop crewed spacecraft and provide a certain number of flights to NASA. Since the cost is fixed at the beginning of the contract, the incentive is to make as efficient ad inexpensive a craft as possible, since that leaves more profit for the company. This massively drives down the cost to NASA. If you want to see how bad the old system was/is, check out the SLS, which is being built by Boeing under the old system. $17 billion later, and it's still not done. The fact of it is, space will not be colonized unless there is a profit to be made in doing so. Now, that does not mean that it has to be a free for all - it is very important that we maintain strict business regulation, bust monopolies, enforce workers rights, crack down on price fixing and other illegal activities, of course. But at the same time, there must be a motive for development - if there isn't, then space will remain un-explored and un-settled, and no one will benefit.

[@MauroEnfermoDeLepra]

I do think they shouldn't be rich tho, that's why capitalism needs to be abolished if we ever expect to explore space not bound to making it a dystopian nightmare. If the dichotomy is making the rich even more powerful and unaccountable and leaving space unexplored I take the later even tho it hurts my inner explorer

[@AnarchyInsanity]

@@MauroEnfermoDeLepra It's a complicated issue, much more complicated then you're making it out to be im afraid. Right off the bat I wanna say, I agree with you in principle. I am an unapologetic socialist, to the very core, capitalism is cancer eating our world and our species alive with its rampant exploitative nature and in the long term should be abolished for an egaliatarian approach, something akin to a resource based economy. However having said that there is a far more important reason than exploration and commericalization to get to space now, whilst we can. The economy is tanking, all around the world, and it will continue to do so for a long time (Assuming of course there isnt some kind of mass revolution that completely eradicates capitalism) thanks to covid-19 and mass civil unrest. This mean the people who do have the money, power and opportunity to get to space right now will be more reluctant to do so later when their reserve funds begin to run out. Whilst we shouldn't leave this in the hands of the ultra-wealthy and we absolutely should limit the potential profits of space explotation unfortunately some concession will HAVE to be made now in order to get to space because we absolutely have to colonize space as soon as possible and the reason for that is simple, extinction. If we do not become a multi-planet species we WILL go extinct, no ifs, ands or buts, it is not a theory, it is not a fear, it is a mathematical certainty, one day the earth will die, through some natural disaster or global war or the inevitable death throws of our star one day this planet will no longer be habitable so we MUST become a spacefaring civilization or our entire history means nothing and the longer that takes us to become a spacefaring race the more likely it is that our planet will burn before we can leave it. Personally in the interest of species survival I am willing to make a few concessions away from an egalitarian utopia now so that we have more time to create the civilization we want in the far future.

[@jeffreysmith4586]

Thank you Peter! This is exactly what I wanted to say. The only way to bring down the cost to space is to commercialize it.

[@Voyager2525]

@Alpha Centauri Re price, you may be thinking of satellites. Space probes that go to other planets or asteroids cost hundreds of millions at least, and into the billions. What is more, taking apart that trillion dollar asteroid would take an enormous amount of energy and require enormous "mining" spacecraft. The most a modern spacecraft can do is get a couple of kilograms of material off the asteroid and to earth or earth orbit. I am not saying that asteroid mining won't happen - it most assuredly will - but that the challenges involved are way bigger than most people realize. It is most assuredly not a get rich quick or get rich easily type of enterprise.

[@vichodeivis1219]

I love how you jump from Star Trek to Altered Carbon without stepping on The Expanse society

[@SecondThought]

Never seen The Expanse!

[@marrqi7wini54]

Granted, the expanse is what happens if governments decide the space treaties are no longer worth the ink and paper it's printed on.

[@Ratchet4647]

@@SecondThought You really should! It's a very realistic and creative piece! It takes place after Mars, the moon, and the asteroid belt have been colonized with outposts in the outer solar system. Mars and Earth each have a single government (The UN in Earth's case). With the topics you've covered throughout the history of your channel I'm sure you'll love it!

[@yesnoob]

the most possible scenario is the last one that big companies get their hand on the recources and grow in power, because we still live in a very capitalistic world

[@comradebanana129]

We still have time to change that thi

[@officerbeenadd]

Last time I was this early, the Soviets were winning the Space Race

[@alexandrub8786]

That is basically all of the space race with the exception of the last 10m.

[@Eazycree]

they did win

[@antifusion]

I mean they won twice in a row before the goal posts were moved again lol

[@quisqueyanguy120]

@@Eazycree You can't win if you dissolve your own government and let the enemy block claim hegemony over the entire world. No, the soviets didn't win, they lose the moment they ended their state in December 25th 1991. From that moment on, the Ex-Soviet Space Program needed finantial help from the west to keep itself afloat.

[@AndrewManook]

@@quisqueyanguy120 They were the first to space, therefore they won.

[@bprogressive]

at first i was very enthusiastic about spacex but once my father pointed out how wealthy a private company needs to be to send a spaceship then i grew some doubts about the whole agenda.

[@alexandrub8786]

@User Name i smell indians and sub-saharan africans,maybe some east europeans and south-east asians too.

[@xXWorldgamefunXx]

@@labadaba5088 You are completely missing the point. Reading your comment feels like a dialogue tree, I have seen the same repeated arguments over and over again. 1. Nobody here is advocating for equality, even Karl Marx never advocated for equality. 2. Your pie analogy is also bullshit. It doesn't apply to the real world. 3. Zero sum game vs growth sum game is a false dichotomy, nobody here is advocating for a zero sum game. 4. You can invest capital and even manage a business democratically. Ever heard of worker co-ops? 5. I'm not sure why we would allow certain individuals to become extremely powerful. It will become an inevitable threat to our "free" societies. 6. Your pie will growth either way. You can do it democratically, oriented to the common good, or only make a small minority benefit.

[@hairohukosu433]

@@labadaba5088 thats where we get the guillotines

[@RenMagnum4057]

Gives Somalia space tech Somalia: *Space Piracy it is"

[@RenMagnum4057]

@@guillermoelnino Well, let's just let our imaginations run wild lmao

[@YoniIsrael]

Futurama did it (the space pirates thing, not Somalia)

[@rezeno5665]

*cues sea shanties*

[@unlimited8410]

@@rezeno5665 *space shanties

[@jameswilliams9104]

Christ, can you imagine the privatised Moon landing? "That's one small step for a man, and I'm Lovin' It!(TM)"

[@davthey1131]

"The sun and the moon and the stars would have disappeared long ago….had they happened to be within the reach of predatory human hands." -H. Havelock Ellis

[@livethefuture2492]

Well to be fair, more companies and individuals that invest in space technologies makes access to space cheaper for all. That's literally what spacex are doing. They are making access to space cheaper for everyone. Commercialization of space literally means opening up access to space to wider range of activities, not just government programs.

[@Christian-vq3lr]

The point isn’t that right now it’s at a bad point, it’s just that we have to ensure that it doesn’t go down a path that we don’t want it to. Many people will argue for the benefits of SpaceX right now, but it’s not about the present, it’s about thinking long term. In the long term, we have to ensure that space travel isn’t about profits and conquest, but exploration and discovery (like in Star Trek).

[@BeautifulEarthJa]

Access lol. That's why america has the worst healthcare system lol

[@discflame]

Well yes, getting to space would be cheaper, but what about actually doing anything in space? Logistics go further than just the launch costs. Elon Musk would say that his operations are increasing access for "everyone" but only 0.01% of people actually have the means to do anything useful in space, even if the cost to launch on Dragon was $4.99. At least with government programs, the agency is beholden to the taxpayer, to increase technological and scientific understanding as well as to provide testbeds for experimental technologies. Private companies are beholden only to the board and the CEO. You or I have no oversight into what SpaceX does, and this presidential administration doesn't seem interested in providing too much oversight outside of the decades-old regulators that provided oversight for communications satellites, no less manned commercial operations in space. We're quickly moving out of our depth, and with private interests that is almost always a bad thing.

[@marrqi7wini54]

@@Christian-vq3lr The unfortunate thing about exploration and discovery is that you can only do that for a few times in the same place. Once the awe and wonder of space exploration fades away, people will want to see if there's a profitable margin to be made or political power to be obtained. Then it's business as usual but in space.

[@nolin132]

Space company: I think I'll spend billions of dollars to bring 1,000 tons of platinum back to Earth. UN: cool, we'll tax you 50% then. Space company: *well now I am not doing it*

[@Delosian]

Yep, exactly what I was thinking. The richest people are usually the first to get their hands on new technology, then those technologies filter down to the middle socio-economic group, and then the lowest socio-economic group. Everyone eventually wins. Space communism just means those that produce end up having to give their hard work to those who don't, and if taxes and government regulations become too much of a burden they stop doing it because it's no longer worth it.

[@utryping]

MetaSimian hard work, freedom, rising tide, capitalism. communism bad state steal everybody starve. thanks for listening

[@hairohukosu433]

@@Delosian dude, space travel is stupidly hard. Thats not gonna get cheap in even a few hundred years.

[@Boofus90]

MetaSimian That’s literally trickledown economics, it doesn’t work and never has. If trickledown economics worked, CEO salaries wouldn’t have increased by 1008% since 1978 while your average worked by 12%. No one but the top wins, specially in space exploration. It’s not their “HArd WOrK” either, it’s the hard work of your average worker that has barley received anything while their CEO receives everything. If you truly were after space communist, you would be after these CEO’s for reaping the profits of actual hard workers and offering little in return. Regulation and preventing space monopolies from forming is possible, it should be clear that democracy is above these corporations.

[@S3maxime16]

@@Boofus90 it's literally not trickle down economics, it's democratization of technology and it always happens. Cellphones, GPS, the internet, water purification, fucking dishwashers man

[@LordKunTube]

I really need this kind of inspirational optimism that view us humans as a whole... thanks.

[@wiblet]

soon it'll be like me: buys a bottle of cooking oil notification: US military would like to know your location

[@MemesnShet]

Some day this video will be really relevant,mark my words.

[@peanutbraingang9500]

If we are alone in the universe or not each option is truly terrifying

[@imdoneplus]

Watching this in 2022 and ready to cry. This makes so much sense… which means it won’t happen.

[@elevatorphish]

This video is incorrect as the high seas ARE exploited, and the resources are not shared equitably as stated. The common heritage principle is very complex and doesn’t mean what you think it does. Source: Marine and Antarctic law student

[@SapphFire]

Isn't that what he said in the video? They aren't distributed but should be. I've probably just misunderstood your comment though.

[@emmaduke]

legend is adam mckay watched this video and was inspired to write don't look up

[@Yuuzer_]

Second Thought just described my ultimate dream for mankind. The very thing I work hard for. I dream to see the global developement of all humanity.

[@scienceium5233]

Mine too

[@haidutinop8546]

I am afraid that before the space becomes a mine it will become a battlefield. No trety or convention can stop that.

[@ethandew1768]

We can officially blame Reagen for making space worse

[@josuaerick9670]

World: *falling apart SpaceX astronauts: *Adios*

[@Enderia2]

Elon Musk: well time to move to mars early

[@aguyonasiteontheinternet]

The funny thing is I got a ad about EVE Online.

[@andrewszigeti2174]

Worse, anyone who tried to reign in a space-based corporation risks getting a rock dropped on their head... at literally astronomical velocity.

[@SirMorNo]

im fairly sure if the mining of precious metals in space became common place, there may be such a influx of those resources to such a degree the prices would inflate maybe to the point that the metals are worth far less their value. Granted you may just want to use those resources in space only for being self sufficient and that it would take years to get to that point leaving time for legislation to catch up.

[@hellgorama]

The best way to approach for this is for gov't run programs to cooperate at a global scale on major projects like space infrastructure and colonization efforts. Private business can provide support via resource harvesting, collection and construction projects. These gov't organizations will run the infrastructure and govern and enforce the law. For example take an airport - the gov't owns it and operates it while businesses are hired to support operations.

[@31ll087]

So basically if we want a space utopia then we need to use space communism.

[@jeffreysmith4586]

As someone that has been following space for a long time I have to strongly disagree with some points in this video. Commercialising space will bring the cost of space flight down drastically, in fact this has already started. For instance, NASA's new SLS rocket will cost 2 billion per launch and be capable of delivering 77 tons to LEO. On the other hand, SpaceX's upcoming Starship rocket will cost between 2 and 10 million per launch and be capable of carrying 100 tons to LEO. Commercialising space will drastically reduce the cost to access it. It will create a space economy that doesn't currently exist and will make space flight more accessible to all. Eventually we should consider laws regarding space, but now until they are necessary. Stifling private companies will only increase the cost to space.

[@MrApoorvaSingh753]

I feel like Halo is becoming a reality.

[@Spartan135]

i feel more a dystopian movie like future awaits us,not Halos colonization.more something like Elysium.

[@makerPM]

That large of a quantity of resources would definitely drop the value of the resource. Major fan of avoiding the diamond restriction, but the only way these companies can get the real value from the resources is to sell/use them, which, as you said, benefits everyone when done properly. 1st, there are a number of challenges left to tackle prior to resource extraction. Incentives to extract resources from space should be large considering the level of challenges accompanying the idea. Until it's a physical possibility, I don't see the necessity of drafting legislation to limit the upside to people trying to tackle the challenge. Consider this: we don't know what it costs to extract resources from a body, so how can we apply an artificial ceiling on the profits of the mission or create appropriate incentives? What program can you create to motivate a 20 - 50 year plan to figure out if something is possible with current technology? Doesn't need to be thought about more? Yes, obviously, but by people smarter than politicians.

[@ThundorLord]

I totally agree, this would allow huge strides in the reduction of global poverty and allow the space companies to use their huge profits to keep advancing space travel and space colonisation.

[@TAHIRMAQSOOD15]

Yup, they’re doing privatization of this too just like they did with the prisons.

[@mariolis]

How is this in any way comparable ? Private spaceflight is the reason we have the possiblity of going to mars at all its the reason why people who are not trained astronauts will be able to enjoy space soon, first the wealthy , yes , but the price will keep falling until everyone can afford it... Privatisation is the best thing to have happened to the old stagnant spaceflight sector

[@scienceium5233]

@@mariolis shut up

[@mariolis]

@@scienceium5233 No, I have the freedom to speak and I will speak Also telling someone to shut up , usually means you have no arguments to counter their points In the real world , one could use intimidation tactics to silence someone in that situation , but this is the online world, and you cant silence me

[@unlimited8410]

@@mariolis The possibility of us going to mars is still further away than you think. The problem with privatising this is because certain rich people can exploit the system to limit access for normal people to go and back from outerspace. They can basically make their own colonies on other celestial bodies (assuming people can even colonise and sustainably live on sepeate entities other than the Earth in this age) and have full control over them. Enabling them to commit what ever immoral acts they pleasure in, like using slave labour to mine the resources that will make these people even more rich. Jeff Bezos treats his employees terribly, and now imagine how he will treat them on an isolated asteroid where there are no rules set.

[@paulpatton5994]

It's about time that the left recognizes the central importance of space to our future, and the need to formulate its own space policy as an alternative to the rapacious neo-liberalism favoured by wealthy interests. Thank you.

[@LogicGated]

Very interesting video second thought!

[@vitre69]

I do agree with space being a human heritage, but you gotta ask if doing just that and calling it a day would kill any intentions of actually getting there.

[@nikitatarsov5172]

We're on a strange point of developement, where ressources ahead and the race upon it is a thread either to the existing industry as well as the quite futuristic things we allready have developed, but for 'economical' reasons never brought into use.

[@thegodofimagination]

Poland: can i into space anyone gets the reference

[@vinni1221]

Loving 1.30 update 😫

[@comradebanana129]

Sydney Kerr what game is this

[@floppingtuna2022]

Civ >.>

[@Uldskoen]

This scenario deserves its own TV series

[@thomas.c.donkin]

I love how this channel combines two of my favorite topics: Space and Leftism

[@enoughmonster2886]

Magical space never get old. Some days I watch and listen to music I like imagine me travel the space. New band too and legend like the delta parole, slash, BTS.

[@potathooo]

Could this even be a viable business option within the next 5 lifetimes? The initial cost of setting up a mining operation would be staggering, and the logistics of cargo trips between earth and the asteroid would massively cut into profit margin. Not even mentioning the devaluing of the mined resource due to market inflation.

[@noelvalenzarro]

The trick they use is stockpiling to keep the price high

[@mookfaru835]

Prices aren’t determined by the amount of goods, it’s determined by how much the buyers can pay and who is competing with you.

[@SharienGaming]

the future we are headed towards right now is not the federation... it is the ferengi.

[@TheFuturistTom]

I’ve been watching Second Thought for a while. I enjoyed their content! As such, I made my own sci-fi/futurist channel!!

[@jessi11287]

I love learning so many new things from your channel- thank you!

[@omergul920]

Its not as if "the rich" are going to space by themselves. They are employing engineers and scientists to research and build new technologies, creating a new industry in the process. Kinda like any major projcet these days, not everyone has the capital to build a dam, dig up a mine, or just start a company that provides a certain service, but entreprenuers with capital take the risk to potentially make a profit (improve people's lives buy offering a good/service at a competitive price) while also employing people. If there is no incentive for private enterprise why would Elon even try.

[@collinb2767]

Private industry is the way we get space travel going faster IMO. NASA is not going to be doing anything, nor is the ESA. SpaceX and other companies are propelling us forward faster than NASA is going to.

[@SharienGaming]

no they arent - private industry does not do much in the way of R&D themselves... they just either take the work done by organizations like NASA and do the relatively easy final steps or they get paid by the government to do the R&D, which socializes the costs and privatizes the gains no profit oriented company will ever do meaningful R&D themselves, because it is incredibly expensive, hard, time consuming and risky... the real research is almost always done where no profit is made

[@squonkusmcfreengle1584]

This deserves way more views. We cannot continue to praise companies like SpaceX for bringing space exploration back into the public consciousness while neglecting the problems inherent in letting space be the playground of entrepreneurs rich enough to finance these projects, especially when space resources provide a unique opportunity to all but eliminate scarcity.

[@ElusivEnigma]

He would have waaaaaayyy more subs and views if KZbin didn't keep taking down his videos. That's how you know he's saying something important

[@squonkusmcfreengle1584]

@@ElusivEnigma yep... we’ve moved into the era of corporate suppression of dissent. at least there is hope that people will flock to independently run streaming services like Nebula

[@MrNote-lz7lh]

The common person is extremely frickle. Be it in relationships or in this case visionary. Public investment would last at most a decade before losing ground for several decades and having to start reover again. Now you may say that the way to solve this is by robbing the rich of their labor. But all that'd result in is lost in progress and the destruction of needed businesses. Full privatization is the true way humanity would spread across the stars. Although public interest would be helpful as long as it isn't harmful.

[@parthasarathyvenkatadri]

everyone could be fed and homed easily if only 5% of the space revenue could be taxed

[@hairohukosu433]

The thing is, just with what we have here on Earth we could do that. Capitalism is just that fucking terrible.

[@parthasarathyvenkatadri]

@@hairohukosu433 I don't think I agree with that ... If it were that problematic it would show up in the number of people under poverty ie food and shelter

[@S3maxime16]

How would private companies justify spending billions on ultra risky space projects if they can't hope to keep the profits. And we know governments aren't going to make space happen either. Obviously some redistribution has to happen through taxation or other mechanisms, but you can't just steal returns from the parties that actually did the work.

[@MrAnimason]

Regardless of what happens, the usage of materials from space will benefit all of humanity even if companies get more powerful. That is a completely indisputable fact and it baffles me that there are certainly people that will disagree with me.

[@rexisnox577]

true also taxes wilk help but on the other hand there is still economic inequality.

[@gh0stsp0ng35]

if the privatization of space continues we wont be able to get nebula for free😔

[@jamiecottrell2347]

"Possession is nine tenths of the law." No matter what treaties are ratified, what ultimately matters is who is able to exert influence in a particular area, so even if a new treaty is signed, it will be worth nothing unless someone is actually able to enforce it by having the capability to launch a lot of stuff into orbit cheaply. Although not really a viable solution due to the economic realities of being underdeveloped, a solution which may stand a non-zero chance of working would be for the group of underdeveloped nations to start a space program.

[@furaigames6837]

How do you support the idea of having a sovereign wealth fund from space profits though? Is there an organiztion for this already?

[@alexandrub8786]

Doesn't Norway already have that from their oil profits?

[@DuJonTHomas]

Watched until he said "Altered Carbon". Looked for season 2. Binged it. Now I'm back.

[@kibetronoh2376]

So in like 80 years there will be in people in space aggressively shouting "Belters we will fight!" ?

[@jerrychavis7025]

It's not going to happen. The Second Coming of Jesus is going to put a stop to all of the wickedness and exploitation of man. If I don't share this with you, I doubt anyone else would. Jesus is coming back soon to rapture the church. Millions of true Christians and children are going to disappear soon and the world is going to fall into even further chaos than it's already in. If you want to be taken out of here when Jesus finally comes to rescue believers and children, recognize that you're a sinner and that your sin will send you to hell. God can't allow even 1% of sin into heaven. All you have to do is pray to God, confessing that you're a sinner and then believing in your heart that Jesus died and rose for your sins so that you could be forgiven and saved from hell. You can't work your way to heaven. All you have to do is believe in Jesus and what he did for you and one day soon, you'll be with Jesus in an amazing world with no bills, pain or any other problems. Understand that time is short. Get saved today

[@prime_optimus]

@@jerrychavis7025 Ah yes. Cheesus Crust. Savior of humanity.

[@aspen.drakon]

People are talking about a "Scramble for Africa" situation in the future but I think this would be much more similar to the movement by European countries to grant land to companies and let them each have monopolies and armies (i.e. Dutch East and West India Companies British East and West India Companies). And we all know how well that went :)

[@aspen.drakon]

@@sean51697 government enforced, with big air quotes. Not necessarily a free market, but they were absolutely individual entities. They raised their own military, organized all trade and exploitation operations, and conquered land in the name of their company (and not necessarily in the name of their country). Yes, they were under the control of the mercantilist policies of their home countries, but they absolutely were much more similar to the future that Elon Musk sees than we give them credit for.

[@alexandrub8786]

I see just a problem with that comparation. They used native workforce most of the time. Colonial charters like England did for Virginia and other colonies are more possible.

[@aspen.drakon]

@@alexandrub8786 absolutely true! Thank you for pointing that out

[@sethsims3717]

Why has America developed the most advanced technology and life saving medicine the first to industrialize? Capitalism... if we want to advance space technology travel exploration and the possibility of ever colonization off our home plant, it’s gonna need capitalism to get it done not socialism. Look up the cost of one falcon x launch, then the cost to build one. Then start doing math on the first 9 launches and lost rockets that had to be rebuilt. It takes incentive to make that kind of investment and take that risk. But someone that doesn’t understand incentive wouldn’t understand that...

[@dai2dai246]

Yeah right, let's act as if the space race never happened.

[@Mikey-dh7qx]

Yeah. Capitalism is actually good at industrializing, although to say that only capitalism would be able to go beyond Earth is kinda stupid tbh. The Soviets won a significant part of the space race, and that's without private companies. Remember, scientists and engineers and that sort of people makes the real progress and they would exist outside of capitalism.

[@marlonmoncrieffe0728]

🇺🇸🙌 God Bless America!

[@sethsims3717]

@@Mikey-dh7qx its also what drove the soviet union broke as well, throwing endless resources at something regardless of results. private companies yield results 10x more productive and efficient than government

[@Ratok1]

Perhaps it's just wishful thinking, but I can't see the wealth gap growing as large as it is in Altered Carbon. However, this is still scary stuff. I can definitely see how these corporations, if left unchecked, would eventually rival the power of nations.

[@relaxdude2936]

Yes! The big picture! Like getting reelected in 4 years.

[@jacobmccracken1779]

It's plausible he might not get re-elected considering how bad this year has made him look

[@violetlight1548]

Meanwhile, us in Canada were just laughing that the SpaceX astronauts were named Bob and Doug

[@asterpin9888]

Great topic

[@SecondThought]

Thanks!

[@DSlyde]

The problem is that its already extremely hard to get governments, companies and people to invest in space. Its risky and costly and private space is graveyard of companies. SpaceX is an outlier of such massive proportions that its impossible to explain in a YT comment. Removing the ability to profit from space essentially kills the motivation of all but government lead projects and they don't exactly have the best track record of sound investment, commitment or benevolence when it comes to space. Its better to have a market glut driving down material prices while making private individuals super-rich than not going at all. Because thats the real options

[@jorgebatista6323]

So, you're arguing we tell the companies investing hundreds of billions in space R&D: "Hey, I see you're spending a ton of money trying to improve our technology, please go ahead so you can pay us all later on" That'll end well... Here's what you don't get: space is freaking huge. There's plenty to go around. There are billions of asteroids to be mined in our solar system. It's not like one or two companies will or even can monopolize it.

[@quisqueyanguy120]

This.

[@jorgebatista6323]

@Guy Panzerboss Does any company has monopoly over automobile production? No. Does any company has monopoly over aircraft production? No. What makes you think that any company will be able to monopolize spacecraft production? There's at 10 different spacecraft producers (between private and public enterprises) already working on it. And I'll tell you more, the only way there's ever any true monopoly is due to govt intervention outlawing competition.

[@jorgebatista6323]

@Alpha Centauri that's impossible to happen in the real world. That only happens in Hollywood movies.

[@jorgebatista6323]

@Alpha Centauri name one company, in history, with power "to buy countries". Never happened, never will happen. And I'll tell you more, name one non state-sponsored monopoly that is bad for the customers. The only circumstance where monopolies are actually bad is when they are sponsored by the state, by effectively outlawing competition. And the reasons are quite simple: unlike what the leftist propaganda tries to make you believe, the market self corrects. Anything that is as profitable as that will inevitably bring competition trying to eat from that pie.

[@jorgebatista6323]

@Alpha Centauri funny how that bothered you. I always want to hear outside opinions, if those are based on facts. Propaganda.. not so much.

[@bruhice6058]

I don’t think countries that did not invest any money in going to space should get any money from space.

[@ViraL_FootprinT.ex.e]

The idea of private companies mining platinum asteroids is infuriating.

[@mariolis]

why? its a material so rare on earth it would make the price of platinum fall dramatically, and tech that needs it would fall in price too Just because it makes wealthy people richer doesnt make everyone else any worse off , if anything , it does benefit everyone ... also ,to set the record straight, when the rich get richer , the poor DONT get poorer , the bottom earners are richer today than they were 40 years ago... rich people have increased in wealth at a faster rate ... that is what "rising inequality" means ... everyone is getting better off and we still find a way for division...

[@saadxt]

That's is an excellent video. Something I hadn't thought. Along the same lines, please also make a video about mega constellations like starlink satellites altering our night sky for benefit of one private company. This is unfair.

[@benl8962]

Privatization of space will greatly advance space exploration i think, to make every country able to profit off it will only slow us down i think. Or am i missing something? What are some good arguments for not having private companies allowed to get to space?

[@benl8962]

Look at how much spacex has accomplished in such a short time compared to nasa or other government space programs...

[@quisqueyanguy120]

These guys are commies. They want to abolish the market and seize the means of production, that includes space companies and the end of commercialization of space. They don't want dialogue.

[@SharienGaming]

@@benl8962 you realize that spacex massively benefitted not just from an insane amount of work that NASA and other programs did but also from a massive amount of government funding right? spacex has done a fraction of the R&D necessary for what they did... most of that was done by government organisations and funded by the public... so you are essentially saying: look how much they can do when someone else does 90% of the work for them

[@stefanfl1200]

cost for launching mass into space gets smaller and smaller, therefore poorer nations are able to purchase their own stake in the new space industry through private launchers

[@RocaSeba]

Inequality is ok, poverty is not.

[@theflimsboy7730]

This dude is underrated

[@rollog1248]

There needs to be an unflinching income tax of at least 20% when the big bucks start rolling in to modernize other countries and repair infrastructure along with funding R&D, that should be the bare minimum.

[@haroeris7597]

Space: The world: USA: Privatise everything

[@billybarber4351]

Why would company’s bother going to Space if they don’t even earn what they get

[@Aaron-wq3jz]

I see countries using restrictive legislation to buy time

[@flainYT]

i feel like extracting resources from asteroids is a good idea, but information about space needs to be public

[@derekatkins4800]

Capitalism has lifted more people out of poverty than any other economic system bar none. I for one am very glad to see private enterprise getting into manned space flight. Hopefully, involvement in space flight by private companies will lead to a more rapid pace of space explanation and development. I’m looking forward to the day when we’ll establish human colonies on the Moon and Mars! Doing so will create more opportunities for people to build a better future, just as opening up the frontier in America opened up opportunities for millions to build a better life in the relatively unsettled west.

[@MikoyanGurevichMiG21]

"Ah, you may leave here, for four days in space But when you return, it's the same old place" -Barry McGuire, Eve of Destruction, 1965.

[@thatguyoverther6019]

Tbh im not too bothered hiw space travel is done as long as it happens

[@1234kalmar]

You should be.

[@quisqueyanguy120]

Me too. Humanity need to be a space capable race no matter what, this is beyond "oppression" or "politics". Our species will literally go extinct if some rock appear from nowhere without having the capabilities to deflect it. Space infraestructure and industries gives us that capability. But some people just want to see the world burn in the name of the "workers revolution", I guess.

[@quisqueyanguy120]

@@1234kalmar No, he shouldn't . Space capabilities is something that we should do no matter what politics or economics are involved. We have the capabilities and is something that increase our chances to survive as a species, WE SHOULD DO IT NOW, is not up to discussion. And if you think that we should go extinct because we are polluting the Earth, then you are a suicidal ideologue and futher conversation with you is futile.

[@jacoballey21]

1492-1776 Is a great preview of what space exploration will be like. just replace britain, spain, france with u.s., spaceX and blue origen.

[@kjdunne8683]

Space should be explored as a joint effort by all the world's nations. Privatization should not expand beyond earth. You want to see how space privatization would go? The Alien series' "Weyland-Yutani Corporation" is it.

[@Persephales]

Way to go man! Space commons, super important!!

[@johnconner4695]

Bro both of these two people will be dead by that time.

[@OrbitalLizardStudios]

If ur talking about bezos and musk, u might be right. But the point still stands because its not like our current richest people are the first, for as long as our current system stands, there will continually be super wealthy billionaires likely to be even more wealthy than today’s richest people

[@vascoamaralgrilo]

Thanks!

[@samuelmillerick4550]

How on earth do you expect to get investment for Space Travel if all the profits are distributed? It seems to me all this would accomplish is stopping Space Travel permanently.

[@Moosemoose1]

Like space travel's ever going to benefit you to begin with. Let us find a way to go into space without giving corporations carte blanche to colonize and monopolize the goddamn solar system first, ok?

[@Captain_Ironbeard]

Space is a chance for humanity as a whole. The chance for our kind to band together as humans, not countries, not corporations, not human resources... I know, it sounds too good to be true, almost utopian, but it's a chance nonetheless. I just hope human hubris doesn't throw this chance away.