Yet mundane terrestrial baggage will be carried by these adventurous astronauts. Who will be paying? Who will own what? How useful will Mars be? Oh dear, we'll need accountants and lawyers wherever we probe.
Bush is not finding the billions himself. Rather the tab will be picked up by US taxpayers in perhaps 20 yearsâ time. What arrests me is the unchallenged assumption that space exploration must be a nationalised industry. The Soviet effort may be stalled but the Chinese seem committed to joining the race. The European Space Agency is a strange combination of nationalised bodies. NASA is a pure old-fashioned nationalised entity.
I argue we should relinquish the expectationthat space has to be limited to vast quangos. The mindset we all share is an echo of the rivalry between the evaporated USSR and the still dynamic US. The first bleeps of the Sputnik galvanised the US into accelerating its space effort.
What we need is capitalists in space. Capitalism needs property rights, enforcement of contracts and the rule of law. The ideological tussle does not cease once we are beyond the ionosphere.
With the exception of Arthur C Clarke, none of us imagined the entertainment potential from satellites. Geostationary lumps of electronic gadgetry beam us our BSkyB television pictures. I remain in awe that Rupert Murdoch can place a device in the skies above Brazil that sends a signal to every home in each hemisphere. Who could have foreseen that mobile phones could keep us chattering without any wiring, or that global position techniques could plot where we all are to within a metre? These are business applications. Business is already in space.
Markets detect and apply opportunities that are not envisaged by even the most accomplished technicians. Iâm not saying Murdoch has special competences. I imagine he is as baffled by digital miracles as I am. The point is that companies define and refine what public bodies cannot achieve. Lift the veil of course and all those satellite firms are an intricate web of experts supplying ideas and services. We have an infant space market.
What use will the Moon be? Is there value on Mars other than the TV rights? The answer is nobody can know. We can only make some guesses. The Spanish ships that set off for the US thought they would get to India. The Portuguese kn