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Space Capitalism: How Humans will Colonize Planets, Moons, and Asteroids (Palgrave Studies in Classical Liberalism)
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From the Back Cover
This book compares and contrasts the motivations, morality, and effectiveness of space exploration when pursued by private entrepreneurs as opposed to government. The authors advocate market-driven, private initiatives take the lead through enhanced competition and significant resources that can be allocated to the exploration and exploitation of outer space. Space travel and colonisation is analysed through the prism of economic freedom and laissez faire capitalism, in a unique and accessible book.
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About the Author
Peter Lothian Nelson has masters degrees in engineering and divinity. He has over 40 years of experience in civil engineering and forensics, and is the former president of PL Nelson Engineering Inc, USA. Walter E. Block is Harold E. Wirth Endowed Chair and Professor of Economics, College of Business, Loyola University New Orleans, and senior fellow at the Mises Institute. He earned his PhD in economics at Columbia University in 1972. He has taught at Rutgers, SUNY Stony Brook, Baruch CUNY, Holy Cross and the University of Central Arkansas. He is the author of more than 500 refereed articles in professional journals, two dozen books, and thousands of op eds. He lectures widely on college campuses, delivers seminars around the world and appears regularly on television and radio shows. He is the Schlarbaum Laureate, Mises Institute, 2011; and has won the Loyola University Research Award (2005, 2008) and the Mises Institute’s Rothbard Medal of Freedom, 2005; and the Dux Academicus award, Loyola University, 2007.
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Product details
Series: Palgrave Studies in Classical Liberalism
Paperback: 336 pages
Publisher: Palgrave Macmillan; 1st ed. 2018 edition (July 7, 2018)
Language: English
ISBN-10: 3319746502
ISBN-13: 978-3319746500
Product Dimensions:
5.8 x 0.8 x 8.3 inches
Shipping Weight: 14.4 ounces (View shipping rates and policies)
Average Customer Review:
3.9 out of 5 stars
3 customer reviews
Amazon Best Sellers Rank:
#512,003 in Books (See Top 100 in Books)
I bought this book because I'm teaching an undergraduate course in space law and business. As it turns out, the book might come in very handy for my teaching - but for the other course I'm offering this term, focusing on critical thinking. Almost any place you open it to, you'll soon encounter arguments based on false premises or fallacious reasoning.The book doesn't offer a dispassionate analysis about what is likely in the future, but instead focuses on an ideal image of how space colonization would be brought about under pure laissez faire libertarian principles, as if states did not exist. The book's libertarian rhetoric extolling entrepreneurs and laissez faire capitalism is over the top even by the standards of Ayn Rand's Objectivist movement, though the economic focus is nominally Austrian. To the extent the authors do speak about what's likely to happen, their presentation takes the form of a rant against "statism." Naturally government can't do anything right; those who think otherwise are excoriated as "[the] statists," as in, e.g. "fearful and wimpy statists" (@97) those who launch "statist ploys," (@216n5) and the "statists [who] diverted part of the monies they mulcted from individuals at gun-point" (@144). If you need more examples to gauge the rhetorical temperature of the entire book, here's a relatively calm passage, from the conclusion:"We see humanity poised at a fork in the road. Both highways lead in the direction of space travel. There is no doubt in our minds that in the next decade or two, man will be living, albeit in small numbers, on both the Moon and Mars. But there are two ways to get there. One is via the intermediation and leadership of the state. The other is through the organization of laissez faire capitalism. [n3] [¶] This entire book has been dedicated to making the case for the latter. For the first is the way of violence and death." (@239-240)The footnote begins "A third option, of course, is a ménage à duo [sic] wherein both systems morph with one another to form that mongrel: economic fascism." (And speaking of fallacies, even this short passage is a goldmine: false dilemma/trilemma, appeal to fear, and what might be called a "reductio ad fasces," i.e., an invocation of "fascism" for the sake of the pejorative value of the term. Certainly literal fascism would be redundant with state-led exploration.)Occasionally there are passages that at best show a lack of editing and at worst disorganized thinking, but it's hard to decide which. In discussing a book about Mars exploration, the authors fault the competing author for beginning his book with a quote from President Obama's 2015 State of the Union address. That quote talks about creating new jobs that push "out into the solar system not just to visit, but to stay, " and a "reenergized space program that will send American astronauts to Mars." Pretty anodyne, mom-and-apple-pie stuff. Yet the authors remark: "Nowhere in the U.S. Constitution, Obama's presumed contract with the American people, does it mention space travel. [NASA] has been a disaster. Visiting or remaining on another planet is thus no proper part of any president's job description" (@215). The Obama passage mentioned neither any contract, nor any desire on his part to visit much less immigrate to another planet, so this really had me scratching my head. Another puzzling example, too long to quote, can be found at the opening of the authors' critique of public goods theory (@140, 1st paragraph).Space law, incidentally, gets a mostly sneering and dismissive treatment (Chap 12), with the authors declaring that it shouldn't even exist: "Libertarian law should apply, equally, to the caveman in the past, the modern man at present, and to the spacemen in the future" (@157n1). (BTW, wimpy statist, don't waste your time looking for gender-neutral or -equitable pronouns or substantives in this work.) But especially it gets hammered for being based on "egalitarianism" and "envy," and for not recognizing the eternal truth of John Locke's views on appropriating the commons by mixing one's own work with it. The one bit of space law that escapes the sneer is a provision of the Commercial Space Launch Competitiveness Act of 2015 that says, according to the authors, that an American company who retrieves a piece of an asteroid owns it "as far as the US is concerned" (@163). Actually, they have mischaracterized the law: the provision (51 USC § 51303) states that such ownership and related rights will be "in accordance with applicable law, including the international obligations of the United States" -- and those international obligations are anything but clear about private ownership of space materials (see, e.g., Lyall & Larsen's Space Law: A Treatise, 2nd ed. 2017).There are many other factual errors as well. A few examples: "Geosynchronous orbit" is misdefined (@47n14). The authors claim that sub-orbital space vehicles "need not endure the hellacious heat of re-entry experienced by orbital space vehicles" (@46n14): actually, it's a matter of how high the suborbital flight goes. The Mercury 1 and 2 space missions of the 1960s did involve re-entering the atmosphere even though both were suborbital. In a very brief and non-mathematical appendix on the physics of orbits, the authors deny gravity is a force, and attempt to explain it solely as a geometric phenomenon. This might work fine in a context where one needs to describe the situation in terms of general relativity, but for most orbital mechanics a Newtonian description is adequate, and in those contexts a force-based description of gravity is appropriate. (See, e.g., Vallado's standard text Fundamentals of Astrodynamics and Applications, 2013.) The authors also err in claiming that circles and ellipses are straight lines in hyperbolic geometry, and in ignoring the effects of radiation pressure, multi-body gravitational interactions, and gravitational anomalies in the primary (i.e., the thing being orbited) in perturbing orbits (@245).As for the production of the book, it's refreshing to complain about books having too many lists of references these days when many books don't have any, but that's the situation here: not only does each chapter have a list of references, but all of them are then accumulated into a redundant unified list, occupying 53 pages (20%) of the book. The index features formidable heaps of page numbers under single headings without further analysis, with "Government," "Human," and "Block, Walter E." (one of the authors) having the greatest number of entries.In short, this is a very amateurish polemic, not a serious book. It appears as part of a series, "Palgrave Studies in Classical Liberalism," whose named editors are not historians, economists or other social scientists, but medical doctors specializing in pathology. What's saddening is that it's published under the Palgrave Macmillan imprint, a name that formerly guaranteed at least certain quality in economics scholarship, if also a certain orthodoxy. Since 2015 the brand has been owned by the omnivorous publishing giant, Springer Nature. As I've noted in other reviews, in recent years the editorial quality of Springer's books outside mathematics has become increasingly erratic. The present work, which might have been tolerable as a CreateSpace self-published offering, definitely shows that editorial quality at Springer is continuing its decline, and is dragging other good brands down with it. Two stars, because I reserve one star for a truly vile and destructive book, whereas this one is relatively harmless.
Michael Collins correctly observed that Apollo 11 met JFK's goal of visiting and returning safely from the moon. No more government moonshots were necessary.Since the moon landing, everyone asks "Why haven't we done more? Why don't we have moon bases? Why haven't we landed on Mars?NASA's success, an anomaly for a government program, blurred the proper next steps. While the world focused on America's technical progress, it overlooked America's greatest invention: a system that nurtured individual freedom.Dr. Block explains that, by simply getting out of the way, all of those "sugar plum dreams" of space-faring can come true. The spoils will increase our prosperity with unlimited clean energy, abundant natural resources, and incredible vacation spots.His approach offers the human race its best chance for long term survival. Someday in the distant future, we are bound to be struck by an asteroid big enough to threaten the Earth. Even today, we probably have enough nuclear weapons to set us back a thousand years. If we would let interested people set up space stations and settlements on celestial bodies as they see fit, then, by default, long-term human survival won't depend upon the survival of Earth.Dr. Block evaluates several people relative to their free market credentials. Here are a few added observations.While Elon Musk has succumbed to taking taxpayer subsidies to develop some of his rockets, he does deserve a huge tip of the hat to the fact that he used his own money to develop the first rocket to make it into orbit privately funded.Burt Rutan deserves more credit for showing that a smart guy with a rich patron can do miracles.Going a little further back in history, Fred Smith of FedEx deserves mention. Remember that Smith fought the crony capitalists and successfully deregulated the airline industry. He recognized that space is mankind's future. He offered to pay for a fifth Space Shuttle, if he could market 1/5 of the Shuttle payloads. He also explored the commercialization of the Martin Marietta Titan rocket.I hope, like many great entrepreneurs of the past, tomorrow's explorers will simply ignore those busybodies who think they have some right to dictate how he is to conduct himself.
This book is incredible in that it more than proves that capitalism is the only system on earth that will protect mankind in space from depriving itself of endless growth and freedom. Privatization is the only cure to keeping governments from turning space into Star-wars. Thank you for writing this book!
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