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One giant leap for capitalistkind

Private Enterprise in Outer Space

Bibliographic Data

ID5794635
AuthorsL Shammas (0000-0002-3087-8901, OsloMet – Oslo Metropolitan University, corresponding author), Tomas B Holen
Year2019
Volume5
Issue1
Publication date2019-01-29
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenuePalgrave Communications (JOURNAL)
Journal identifiersISSN: 2055-1045 • E-ISSN: 2055-1045
PublisherPalgrave Macmillan (PUBLISHER • GB)
DOI10.1057/s41599-019-0218-9
OpenAlexW2914099332
LanguageEN
Citations received16
References cited29

Outer space is becoming a space for capitalism. We are entering a new era of the commercialization of space, geared towards generating profits from satellite launches, space tourism, asteroid mining, and related ventures. This era, driven by private corporations such as Elon Musk's SpaceX and Jeff Bezos's Blue Origins, has been labeled by industry insiders as 'NewSpace'-in contrast to 'Old Space', a Cold War-era mode of space relations when (allegedly) slow-moving, sluggish states dominated outer space. NewSpace marks the arrival of capitalism in space. While challenging the libertarian rhetoric of its proponents-space enterprises remain enmeshed in the state, relying on funding, physical infrastructure, technology transfers, regulatory frameworks, and symbolic support-NewSpace nevertheless heralds a novel form of human activity in space. Despite its humanistic, universalizing pretensions, however, NewSpace does not benefit humankind as such but rather a specific set of wealthy entrepreneurs, many of them originating in Silicon Valley, who strategically deploy humanist tropes to engender enthusiasm for their activities. We describe this complex as 'capitalistkind'. Moreover, the arrival of capitalism in space is fueled by the expansionary logic of capital accumulation. Outer space serves as a spatial fix, allowing capital to transcend its inherent terrestrial limitations. In this way, the ultimate spatial fix is perhaps (outer) space itself

Capital (architecture · Space exploration and regulation · Space Science and Extraterrestrial Life

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Unique citing works16
Citations per year2,67
Citation span2020 - 2026 (7)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 15

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