πŸ“‘ Monetizing the Final Frontier – The strange new push for space privatization

Bookmarked Monetizing the Final Frontier (The New Republic)

The burst of activity and high-tech acumen thrills many space fans. But it is making many others quite nervous. Opening up space to a frenzy of private actors could, they agree, produce measurable benefits back on planet Earthβ€”making crucial scientific research, environmental monitoring, and everyday communication cheaper. But the critics are quick to note as well that the history of privatization is spotty at best, with plenty of civically brutal knock-on effects: concentrations of monopolistic power, enfeebled democratic control, and widespread environmental degradation. We’ve seen all those problems appear on Earth as all manner of traditional social goods, from education and housing to pension plans and mass transit, have been targeted for private-sector control. Next up, it seems, is the great beyond.

Clive Thompson explores the burgeoning frontier of outer space. He explains how NASA’s funding has slowly dwindled over time and been replaced by private industry stemming from various non-government opportunities. In particular, there is a rush has been a rush to invest in opportunities provided by low-earth orbit. The problem stemming from this is space debris:

The other point of discussion is the moon. At the moment, this is all remarkably unregulated. The issue with this is that the path for such exploration is often set early on.

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