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Moon mining gains momentum as private companies plan for a lunar economy (www.space.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Moon mining gains momentum as private companies plan for a lunar economy::A number of entrepreneurial groups have shared their strategies to turn the moon into a hustle and bustle world of marketable services.

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[–] gravitas_deficiency@sh.itjust.works -3 points 1 year ago (1 children)

No, they won’t necessarily do it better or cheaper. You know the primary reason China has such cheap terrestrial manufacturing is because they have an absolutely massive population, most of whom are a good bit lower on the socioeconomic scale than western consumers, and the country overall has generally poor human rights and worker protections, right? There are reasons Chinese manufacturing is inexpensive, and the reasons aren’t very nice.

[–] markr@lemmy.world 1 points 1 year ago

Cheap labor was China’s foot in the door 30 years ago. Now they instead compete at the highest levels. It is very similar to how Japan and South Korea developed their modern economies.