Author Topic: Federation Economics  (Read 3932 times)

Offline furswift

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Federation Economics
« on: November 08, 2009, 11:25:31 PM »
An interesting discussion was started in El's Hardpoint System taster thread and I wanted to pick it up. I've always been fascinated by the economics of Star Trek. Could a free society exist without money? Could human nature change so radically in a few centuries? My answer to the first question is a qualified yes, as long as virtually all labor is as obsolete as calculating complex mathematical tables by hand. My answer to the second question is an almost definite no. We humans, for the most part, only do things for each other if we get something in return. Replicators, transporters, and automated assembly would have an enormous impact on the economy. I could see the lust for material wealth start to ebb if you could just replicate 50 Rolex watches whenever you felt like it. As for items that can't be replicated, such as real estate, a nice bottle of Chateau Picard '47, or a table at Sisko's dad's restaurant, there would be a lottery or waiting list. Or you could barter some other non-replicatable good or service for them.

Offline 11001001

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Re: Federation Economics
« Reply #1 on: November 08, 2009, 11:51:47 PM »
It would have to be human nature what changed first. We would have to stop wanting everything, we would have to to be a society of give instead of give and then take. it would be hard, but if our perception of a better life could be changed it could be done

Offline sman789

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Re: Federation Economics
« Reply #2 on: November 09, 2009, 12:17:41 AM »
Human nature would never be changed. We naturally want to have more than others, jealousy is part of out nature. Why would we do anything if we could just buy a replicator and have it all. It's totally impossible to have a communist federation of planets with creatures that are even remotely like ourselves. What about when they first decided to get rid of money, would the rich investment banker want to have his hard earned fortune rendered worthless just to allow the unemployed drug-dealer get exactly the same share of the planet's resources as him? I think not...

Offline MajorD

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Re: Federation Economics
« Reply #3 on: November 09, 2009, 12:47:06 AM »
Human nature doesn't change, our condition changes. Even in Trek, DS9 put the truth to that by showing humans arne't more evolved, it's the situation that is more evolved.

Yes, their situation could work without money, replicators and automated factories would devalue money horribly anyway. Luxery goods are a tricky matter. On Earth it may be a matter of waiting lists, preferred customers, and credits for other things traded for material goods and services. Sisko had transporter credits and used a month's worth in one week going from Starfleet Academy to home to eat at his dads restaurant. Imagine trading a month's worth of transporter credits for a wagyu steak. Bashir's father seemed unable to find a job he liked, I think he was a gardener at one point, but was able to afford illegal genetic engineering for his son, and his son got medical training.

That last one actually argues for money, because why would an alien except Earth luxury credits credits?

The system actually works better with money, especially since you don't need it for very much. Everything is going to cost not much more than the power it takes to make it, just like with aluminum. Combine it with open source items and a few for profit items and it would work well. You pretty much treat material goods the same as software and value has more to do with desirability than physical cost. Raw materials are abundant because they can mostly be taken from asteroids. It's the really rare ones that still need to be mined from planets.

Interestingly, Starfleet seems to have money. Beverly Crusher bought a bolt of fabric in the first episode of TNG, and had the bill sent to the ship's account. Either they're payed or there is a shared pool of money any crewman can pull from as wanted. It explains how Riker was able to afford to enter a game of dabo at Quarks. Janeway also told a story about how on Vulcan she got price goudged for a trinket once the Vulcan merchant realized she was Starfleet. It indicates Starfleet personnel are well payed, or have access to lots of money.
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Offline furswift

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Re: Federation Economics
« Reply #4 on: November 09, 2009, 01:00:55 AM »
I think you're right about human nature being constant, an the injustice of the banker getting as much as the drug dealer. Money would have to become irrelevant gradually due to a lack of demand by the people, rather than government mandate in order to remain a free, non communist society. I'd imagine the banker and drug dealer's relative wealth would remain the same without money; their ownership of land and posessions wouldn't be equalized arbitrarily.

Offline 11001001

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Re: Federation Economics
« Reply #5 on: November 09, 2009, 01:10:35 AM »
It all seems really hard to comprehend. Why dont we all come up with a currency ourselves. I dont mean one currency for one persons another for another, why dont we pool all ideas.

Offline furswift

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Re: Federation Economics
« Reply #6 on: November 09, 2009, 01:53:25 AM »
It all seems really hard to comprehend. Why dont we all come up with a currency ourselves. I dont mean one currency for one persons another for another, why dont we pool all ideas.

It's inherently difficult to predict how people will respond to an economic scenario, which is why I think it's such a fun subject. I don't follow your currency question, though.

Offline 11001001

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Re: Federation Economics
« Reply #7 on: November 09, 2009, 06:11:52 AM »
Sorry I didnt mean to say currency i meant to say economics. what I mean is, the whole subject is so confusing with such little air time speculation, that it would be better to come up with a whole different approach

Offline furswift

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Re: Federation Economics
« Reply #8 on: November 09, 2009, 06:25:59 AM »
True, there isn't much talk on screen about economics in the 23rd, 24th centuries, but it's fun to try and put the pieces together based on what's said about money and the level of technology in the Federation. I think it would be interesting to hear a different approach, but I can't think of one myself offhand...

Offline Jules

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Re: Federation Economics
« Reply #9 on: November 09, 2009, 07:31:07 AM »
Human nature isn't a constant. One proof of that are the "wild children" as they are called, of which where and are examples. A human raised up as a wolf for example will never be able to master human behavior. The first 4 to 6 years of a childs development are the most critical ones.

We as humans learn from other humans how to be human, this is probably the most important thing that separates us from our closest known live relatives, the Bonobo chimps. Most of our nature depends on how we are thought growing up.

Because of this, the economics of the UFP are possible, even pushed and brought into attention and discussion more and more over the last 10 years. One of it's strongest proponents is the Venus Project. What they state, is to transform economics into one that is for resource management, and not money (similar to the UFOP version of economics). As for people not accepting it, if we discontinue teaching our young of materialism, then it is possible.
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Offline MajorD

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Re: Federation Economics
« Reply #10 on: November 09, 2009, 01:34:00 PM »
The only hard part in figuring out economies for Star Trek is how Earth humans were specifically stated not to have money by Jake Sisko in DS9. He wanted to buy a baseball card for his dad but had no money, only some stuff to barter with, so Nog helped him out. Starfleet and everyone else has money. Ferengi use Latinum because maybe they're they're like the gold standard crazies who don't trust paper money. The rest is between the kind of licencing used, open source or copyrighted.

If I were starting from scratch, or TOS, I would drop the whole no money thing and stick with the no poverty thing. I would have it so Earth has money, but has a huge reserve of open source objects that can either be ordered and and shuttled or beamed over from a factory, or made through a public, commercial, or personal replicator. There would also be items for sale and their price would be based on desirability which is where the majority of cost comes from for most modern items. There would probably need to be some strict laws that puts stuff into the public domain once an item as reached a certain low point or has been around for a certain amount of time, the same way copyrights used to be when they encouraged innovation.

Ferengi should have no open source and no expiration on copyright and no regulatoin and it should work fine for them since they're not human. They should also love latinum for some of the same reason some people prefer the gold standard for the dollar.

Human nature isn't a constant. One proof of that are the "wild children" as they are called, of which where and are examples. A human raised up as a wolf for example will never be able to master human behavior. The first 4 to 6 years of a childs development are the most critical ones.
That's an example of a changed condition leading to a different effect. You're proving my point that it isn't being human that makes us superior individuals, it's our civilization.

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As for people not accepting it, if we discontinue teaching our young of materialism, then it is possible.

That's ass backwards and is the sort of thinking that leads to communist revolutions. People started non-materialist because of utter scarcity of everything, the only way to express a level of superiority was by hunting. As societies grew, the people on top needed new conspicuous ways to express their superiority. Combat lead to stolen goods and people, then stolen land, which lead to property as a sign of status, which lead to the wealth generated by the lands as a sign of wealth, which lead to wealth equaling status, then conspicuous purchasing of unnecessary items as a pass time in a period where things were getting more abundant but not for everyone. Now, shopping as a pass time is done by the middle class, so the upper class need another way to show they're wealthy. So instead of shopping and wearing fancy upstanding clothing, the super wealthy dress like slobs because it expresses their free time and live in ways completely impractical for normal people, such as going green, buying $100,000 electric cars and chiding everyone for not doing the same, and being vegetarians. It's stuff that if you tried as a subsidence farmer you would die from malnutrition due to lack of needed foods and pure lack of food, not to mention a middle class family might go broke trying to live off only organically grown food since it costs more.
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Offline Jules

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Re: Federation Economics
« Reply #11 on: November 09, 2009, 02:52:08 PM »
The only hard part in figuring out economies for Star Trek is how Earth humans were specifically stated not to have money by Jake Sisko in DS9. He wanted to buy a baseball card for his dad but had no money, only some stuff to barter with, so Nog helped him out. Starfleet and everyone else has money. Ferengi use Latinum because maybe they're they're like the gold standard crazies who don't trust paper money. The rest is between the kind of licencing used, open source or copyrighted.

If I were starting from scratch, or TOS, I would drop the whole no money thing and stick with the no poverty thing. I would have it so Earth has money, but has a huge reserve of open source objects that can either be ordered and and shuttled or beamed over from a factory, or made through a public, commercial, or personal replicator. There would also be items for sale and their price would be based on desirability which is where the majority of cost comes from for most modern items. There would probably need to be some strict laws that puts stuff into the public domain once an item as reached a certain low point or has been around for a certain amount of time, the same way copyrights used to be when they encouraged innovation.

Ferengi should have no open source and no expiration on copyright and no regulatoin and it should work fine for them since they're not human. They should also love latinum for some of the same reason some people prefer the gold standard for the dollar.
That's an example of a changed condition leading to a different effect. You're proving my point that it isn't being human that makes us superior individuals, it's our civilization.

That's ass backwards and is the sort of thinking that leads to communist revolutions. People started non-materialist because of utter scarcity of everything, the only way to express a level of superiority was by hunting. As societies grew, the people on top needed new conspicuous ways to express their superiority. Combat lead to stolen goods and people, then stolen land, which lead to property as a sign of status, which lead to the wealth generated by the lands as a sign of wealth, which lead to wealth equaling status, then conspicuous purchasing of unnecessary items as a pass time in a period where things were getting more abundant but not for everyone. Now, shopping as a pass time is done by the middle class, so the upper class need another way to show they're wealthy. So instead of shopping and wearing fancy upstanding clothing, the super wealthy dress like slobs because it expresses their free time and live in ways completely impractical for normal people, such as going green, buying $100,000 electric cars and chiding everyone for not doing the same, and being vegetarians. It's stuff that if you tried as a subsidence farmer you would die from malnutrition due to lack of needed foods and pure lack of food, not to mention a middle class family might go broke trying to live off only organically grown food since it costs more.

Jake wasn't the only one, Picard stated it numerous times too. Unlike the gold standard, which is about the best way of controlling the amount of available money, don't forget that the Ferengi (who's culture is based around the personal acquisition of wealth, i.e. materialism) are in fact a metaphor of greedy capitalists. The gold standard, wherever it was used was about the first thing thrown out the window during war so it would be easy to buy military hardware and sustain large armies. Nowadays we have a monetary system that is just too abstract to comprehend, money is pulled out of peoples asses if I may be so blunt. This economy thrives on need over availability hence the poverty in it. As long as you have money and constant positive population growth you cannot have a lack of poverty. If you don't believe this, do the math yourself. The thing I would mostly object to Star Trek about all this is that you have positive population growth shown without money and sustainability. These two don't flow together well. You can have one of the two, not both. Any advanced civilization in order to have sustainability needs to have a population that has zero or negative population growth and a population size who's needs don't exceed the availability of resources known to them.

On the thing about human spirit, if a human doesn't learn from his own kind, he won't be mentally human, but will take on the characteristics of the species amongst who he grows up. Human-like apes don't have that issue since their young don't depend on their grown ups to learn from. Both sides have advantages, the difference shows in the reprecussions of these traits. If a human child doesn't learn language for example in it's first 4 to 6 years, he will never master it after, period. As for if our civilization makes us superior or not, wouldn't you think that the way that civilization works adds to it being superior or not too? Weather if it is good or evil? Conqueror or rationalist? What does about it all really define us? Could we call a biologically same race to our own with a different mindset truly human? The Ancient Greek for example would find our concept of privacy and our general duality of spirit absurd at best. The Ancient Egyptians viewed the color black as good and the color white as bad (vice-versa of how we do).

Lastly, never ever mix the word communism with what happened in the Soviet Union or elsewhere where that was used. They don't deserve being called like that. Communism in it's core form was never used anywhere. If you regard that sentence of mine as backwards, that only shows that you are unable to think out of the box on the matter and purely view the ordeal from a strict point of view of a person who was raised in the materialist view, that's the only reason why your opinion on that matter is biased. On this, you fail at seeing what science fiction wants to tell us among other things. Economics as we know it today is an outdated system, period.
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Offline furswift

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Re: Federation Economics
« Reply #12 on: November 10, 2009, 01:06:24 AM »
Ferengi use Latinum because maybe they're they're like the gold standard crazies who don't trust paper money.

Crazies, eh? Take a look at what's happened to the price of gold over the last 10 years, we may seem more sane then.

@Adonis: I checked out that Venus Project website. I can't agree with his central claim that there are enough resources on this planet for everyone to share and live a high standard of living; resource supplies are falling exponentially and the population is rising exponentially. Even if those resources were available it takes hard, dangerous labor to extract them from the ground, and the only way to do that is by paying people money. There is also no way to extract, refine, and distribute these resources presently without catastrophically damaging the environment. He also grossly overestimates present-day computers' ability to think and reason. Even petaflop capable computers can't just decide where resources should go for optimal results. Theoretically such programs could be written, but they'd have to be programmed and maintained by people at great cost, since it's highly skilled and difficult work. True, technology needed to automatically harvest resources and the AI used to distribute them may exist sometime in the future, but that's very speculative. And in his FAQ he says that all the technology needed for his proposal is available today.

@MajorD: I think you're right about the Federation "still using money while having eradicated poverty" conjecture. The money supply would be hugely abundant, since labor has become ridiculously cheap due to automation. It's just too hard to imagine a society that doesn't have some medium of exchange.

Offline sman789

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Re: Federation Economics
« Reply #13 on: November 10, 2009, 01:33:04 AM »
Exactly, it would have to have money. Might as well just stop the topic there. Think about it, if capitalism and money wasn't the best idea that humans are physically capable of thinking of, then why do we still use it :D

Offline Jules

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Re: Federation Economics
« Reply #14 on: November 10, 2009, 03:18:51 AM »
Exactly, it would have to have money. Might as well just stop the topic there. Think about it, if capitalism and money wasn't the best idea that humans are physically capable of thinking of, then why do we still use it :D

Capitalism is is in fact the worst thing that happened to us in the last 100 years.


@Adonis: I checked out that Venus Project website. I can't agree with his central claim that there are enough resources on this planet for everyone to share and live a high standard of living; resource supplies are falling exponentially and the population is rising exponentially. Even if those resources were available it takes hard, dangerous labor to extract them from the ground, and the only way to do that is by paying people money. There is also no way to extract, refine, and distribute these resources presently without catastrophically damaging the environment. He also grossly overestimates present-day computers' ability to think and reason. Even petaflop capable computers can't just decide where resources should go for optimal results. Theoretically such programs could be written, but they'd have to be programmed and maintained by people at great cost, since it's highly skilled and difficult work. True, technology needed to automatically harvest resources and the AI used to distribute them may exist sometime in the future, but that's very speculative. And in his FAQ he says that all the technology needed for his proposal is available today.

Oh, I didn't say that I agree with their claims completely, just look at my previous post. As for the tech, it exists, but it's implementation does have it's nice sides too...

Edit: Oh, and 100% extraction of resources is impossible out of the simple reason that it's too inefficient.
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Offline sman789

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Re: Federation Economics
« Reply #15 on: November 10, 2009, 03:49:09 AM »
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Capitalism is is in fact the worst thing that happened to us in the last 100 years.

It's the only system in the world that actually remotely works. I mean, how can the world exist with no method of currency and wealth, are we all just supposed to want to get off our arses and heave down to a sewage treatment works every day?

:I don't actually work in a sewage works BTW, just using it as an example

Offline furswift

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Re: Federation Economics
« Reply #16 on: November 10, 2009, 05:42:15 AM »

Capitalism is is in fact the worst thing that happened to us in the last 100 years.


Oh, I didn't say that I agree with their claims completely, just look at my previous post. As for the tech, it exists, but it's implementation does have it's nice sides too...

Edit: Oh, and 100% extraction of resources is impossible out of the simple reason that it's too inefficient.


Sorry, didn't mean to imply that you shared the Venus Project views, I was just expressing my opinion of them.

As for capitalism being the worst thing that happened to us in the last 100 years. No.
Economic systems in which people trade goods and services for other goods and services in a free market have been around for thousands of years. Capitalism isn't a totally fair system, but then again, there aren't any that are totally fair at all. Unfortunately, we currently live in an epoch where we need to do things for each other. I don't know how to farm, sew, or build a house, but I need food, clothing, and shelter to survive. So I need an efficient way of exchanging my labor for others', and the best way to do this is with money. Free market capitalism is the only system that emerges spontaneously if people are free to do as they please. Socialism and Communism must be forced upon a populace by government. Capitalism weeds out weaknesses and inefficiencies in businesses and products. It's responsible for the ridiculously comfortable standard of living we enjoy. It's allowing us to converse on a forum on the internet and, one day, download and play Excalibur. My point being that competition in a free market is the only thing that could make computers strong enough and cheap enough for you and me to be able to do the things we like. This wouldn't be possible under any other economic system; there simply wouldn't be enough incentive to keep refining the technology.

Offline 11001001

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Re: Federation Economics
« Reply #17 on: November 10, 2009, 06:17:25 AM »
But in the 24th century there is nothing like sewage plants, or dirty jobs like this Back to what I said earlier, human nature just has to change. I suppose that in a few hundred years time, people will just be satisifed with the lifie they have. It's like, to me the first thing that I would put in a house is a cooker or bed, basic nessecities (sorry cant spell) like running water. I mean, we even have to pay for water, something that nessecitates life, and we have to pay for it. I don't think that Star Trek economics is based on communism, it is based on the human assumption that less is probably more.
 

Offline Jules

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Re: Federation Economics
« Reply #18 on: November 10, 2009, 10:51:06 AM »
It's the only system in the world that actually remotely works. I mean, how can the world exist with no method of currency and wealth, are we all just supposed to want to get off our arses and heave down to a sewage treatment works every day?

:I don't actually work in a sewage works BTW, just using it as an example

See dude, this is a point that is proving itself as we go in this discussion. The one I brought up as an answer to Major D. You just simply cannot think outside this materialist box. That's why you are in an epistemological sense, wrong. You start out with an assumption that it is wrong to begin with.

Insert quote function, seems, gave up on me :(

Quote from: furswift
Socialism and Communism must be forced upon a populace by government.
You know, the irony is, Karl Marx would be pretty pissed off on how you guys seem to view communism and also for the things it was "used" for. As I already told upstairs, communism in it's core form was never, ever used anywhere. From now on for the sake of any precision, let's call Marx's original teachings communism, what happened in the USSR Leninism and Stalinism, etc. You get the general idea...
Quote from: furswift
My point being that competition in a free market is the only thing that could make computers strong enough and cheap enough for you and me to be able to do the things we like. This wouldn't be possible under any other economic system; there simply wouldn't be enough incentive to keep refining the technology.
The concept of competition might sound good, but the problem with it is that in resource management terms, it's hellova inefficient. Wasting of resources in it is great. And if you fear the lack of initiative for progress, I come back to the same thing I told sman upstairs in this post, your epistemological method lacks, because it is biased.

Also, you guys seem to be proving another point...the human fear of inevitable change...one of the core messages sci-fi gives us.
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Offline MajorD

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Re: Federation Economics
« Reply #19 on: November 10, 2009, 11:32:09 AM »
Jake wasn't the only one, Picard stated it numerous times too.

Picard only said it once. In First Contact he said something like, we're not payed, we do it to improve ourselves, which contradicts with Crusher's and Janeways actions and story. He also said, "the Econonicms of the future are very different," when a 21st century business man asked to see his accounts portfolio. Janeway did say in one episode, "We don't use money," while holding a handful of alien coins, which contradicts her Vulcan price gouging story, so I take it to mean money = physical currency. Back to Picard, I suggested that Starfleet personnel may very well not be payed but have access to a shipboard account, which Crusher mentioned, and that everyone can take from as they please rather than it being a personal account funded by payroll. Alternatively, Picard's statement was hyperbole, they are payed, but he believes everyone, or just himself joins Starfleet for the benefits to self improvement. He actually didn't join for self improvement, he just wanted to explore.
 
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Nowadays we have a monetary system that is just too abstract to comprehend, money is pulled out of peoples asses if I may be so blunt.
Gold has no more innate value than does money based on the economic strength the nation. While gold constantly inflates, paper money allows for additional controls. 

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This economy thrives on need over availability hence the poverty in it. As long as you have money and constant positive population growth you cannot have a lack of poverty.
Money regulates limited resources, and wealth has been expanding faster than population grow, otherwise we would all be serfs. And, I don't see Russia's and Japan's negative population growth helping. Poverty is a relative term that expands as the wealth of a society grows. Civilized poverty once meant having a loincloth and eating only the berries passersby might drop in you bowl. Modern poverty is more like pre-19th century broke landed gentry.

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The thing I would mostly object to Star Trek about all this is that you have positive population growth shown without money and sustainability. These two don't flow together well. You can have one of the two, not both. Any advanced civilization in order to have sustainability needs to have a population that has zero or negative population growth and a population size who's needs don't exceed the availability of resources known to them.
Their population can never exceed the resource base, the solar system has so much raw resources that it would take 100,000,000 years to consume all of it at our current population, and that's with using each unit of material once rather than using it over and over. If we go by First Contact, Earth only has a population of 9 billion in Star Trek, even if Mars has that population too, which is unlikely, then it's not enough to seriously cut into that number. First, they use hydrogen for power, the most abundant source of energy in the universe, second they seem to be able to flip hydrogen atoms to anti-hydrogen at nearly no energy cost, thirdly, replicators equal perfect recycling at only an energy cost and no material loss in deconstruction.

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On the thing about human spirit, if a human doesn't learn from his own kind, he won't be mentally human, but will take on the characteristics of the species amongst who he grows up. Human-like apes don't have that issue since their young don't depend on their grown ups to learn from.
That's because humans learn from society, and they'll take up whatever there is available. At the risk of oversimplifying dogs, if all there is is sniffing butts to say hello and growling at strangers, then that's what the kid will do. Humans depend on observation and context for a significant amount of how we act. Cultures are just tool sets.

On the contrary, it's similar for apes. Apes raised by humans learn human and human like skills. Where one set of apes may learn from their mothers how to collect termites from a log with a stick, and the mother will actively teach the child, ones raised from humans have learned how to get in a boat and paddle around with their hands, and that they can put nails into wood with a hammer, they are also able to (innately) apply abstract skills without training, such as being shown how to hit two blocks of wood together to make a sound, then figuring out on their own they can do the same thing with cymbals. The effects simply aren't as wide ranging because their capacity to learn is limited in various ways in comparison to humans. For one thing, despite having something like language they have no mental structure for being curious about people, nor wanting to talk about themselves, if memory serves. Their ability to comprehend reality is also at a lower level as shown with tests such as treating rocks as pets and dead birds as sand paper, and having the ape choose the weirdest thing. They end up failing the tests at a level where a six year old would succeed.

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Lastly, never ever mix the word communism with what happened in the Soviet Union or elsewhere where that was used. They don't deserve being called like that. Communism in it's core form was never used anywhere. If you regard that sentence of mine as backwards, that only shows that you are unable to think out of the box on the matter and purely view the ordeal from a strict point of view of a person who was raised in the materialist view, that's the only reason why your opinion on that matter is biased. On this, you fail at seeing what science fiction wants to tell us among other things. Economics as we know it today is an outdated system, period.

To argue communist countries weren't communist is to argue that any system that doesn't work as desired wasn't that system. Communism is outlined in very general terms with no explanation of how to achieve the stated conditions for transition (other than spontaneous public revolution, although he probably meant that he only specifies that a revolution take place, not if it is lead) and in places where those goals have been achieved some, fortunately not all, have required horrible means, and if they didn't use horrible means for achievement some have had undesirable to horrible results, again not all. It also draws odd conclusions as to what those goals will lead to.

You're putting words in the mouth of the science fiction in question. No where in Star Trek do they say they dropped the ideas of materialism then became non-materialist, in that order. I called your comment backwards because I think it gets the order of requirement and result backwards. If you read my first post in this thread you will see that I have a clear idea of how Earth and the Federation economy can exist. However, to achieve that society the technology of replicators and fully automated fully flexible factories have to be invented, more than that all labor must be easy and not much more difficult than managing machines. Once all goods are cheaper than dirt to manufacture and have little human involvement the importance of possessions will naturally decline because proliferation of possessions is no longer an indicator of wealth.

However, there remains the problems that someone must design the products and the fact that much of the worth of an item has always revolved around the perception of desirability. For instance, the iPod produces its own desire in people, it's the ultimate product achievement.:D A better example is the tulip trade in the 17th century. Value of tulip bulbs grew wildly out of proportion with rational value, then collapse just as with the housing market today. The reason for that is simple, when people see people buying stuff and the value going up a bit they buy the stuff too hoping to get rich. This has a avalanche effect where the price increases further thanks to the new buyers who really have no interest in the product for its own sake, this draws new buyers, which inflates price, draws new buyers, inflates price, and so on. Eventually and rather suddenly, rationality strikes like a hammer once the price reaches a height that is too absurd. Suddenly no one can sell the product, and you get a reverse avalanche going down and people gradually realize they need to bail out. Non-bubble based desirability building involve things such as limited releases of easily mass produced items, and hand crafting. Star Trek has the equivalent of limited release, as any item that is hand crafted (Chateau de Picard wine and Sisko's cooking) is itself a one of a kind item. Because, no matter how similarly you make two vases of the same design, if they are made by hand they are not actually the same when almost all items can be copied down to an atomically perfect level using replicators. As I mentioned in past posting, if Earthly government wanted they could ration those luxuries by way of waiting lists or credits specifically for luxury items. It could work simply because those who work those particular jobs were shown to do so out of love for the job itself and not out of any necessity to support themselves. In reality, their jobs may have been hobbies.

The reason I said your comment is backwards is because perceived value will not decline just because people want it to decline, there has to be a reason for the decline. Replication, and other technologies turning all labor into highly skilled professions fits for that requirement, where as communes, communist countries, and other such experimental communities show us just wanting it does not make it work as desired.
« Last Edit: November 10, 2009, 11:42:57 AM by MajorD »
I'm on a pig.

Now, it's diamonds.