The question is, why haven’t the moon’s resources been thoroughly plundered by now? Why hasn’t it provided us with the energy necessary to colonise the rest of space? I’ll tell you why: it’s because capitalism is weak and timid.
In principle, it shouldn’t be this way. Capitalism, said Rosa Luxemburg, always needs a periphery. There needs to be a non-capitalist outside to appropriate – new land, new resources, to provide profitable investment opportunities. Whether it takes the form of colonisation, privatising public goods, turfing peasants off their lands or creating “intellectual property”, there is a need to accumulate beyond the existing realm of capitalist property relations.
The geographer David Harvey points out that the world capitalist system needs to find $1.5tn profitable investment opportunities today in order to keep growing at its historical average of 3% a year. In 20 years’ time, it will need to find $3tn
Let he who dares accept the challenge in proper fashion. Still, betcha Richard Seymour will be the first to complain when the space barons do start exporting capitalist property relations where no man has gone before.