Econonmics on next habitual planets

Assuming you meant "next habitable planets," that is a fascinating (and slightly dystopian) way to look at this diagram!

The image you provided is a classic economics diagram illustrating the positive and negative impacts of globalization here on Earth. If we take this exact framework and apply it to the colonization of Mars or another habitable planet, we can predict exactly what "Space Capitalism" might look like.

Here is how your "next habitable planet" economics would break down based on the diagram:

The Optimistic View (Green Side)

If we set up a new society, we might hope for:

· Increased capital and labour mobility: People and money easily moving between Earth and the new colony.

· Greater competition – lower prices: New planets competing for resources and settlers.

· Reduction in absolute poverty & Rising incomes: New opportunities for wealth generation.

· Rising levels of education & Increased trade: Knowledge transfer and access to new alien goods.

· Economies of scale: Building habitats and infrastructure becomes cheaper as production ramps up.

The Realistic/Dystopian View (Red Side)

However, history shows we tend to bring our worst habits with us. The red boxes are the immediate risks for a new planet:

· Monopoly power of multinationals: Instead of the British East India Company, you get SpaceX or Amazon controlling the oxygen supply.

· Rapid depletion of natural resources: Mining the new planet's core until it's barren (the ultimate "Deforestation" equivalent).

· Increase in global warming: If we terraform Mars, we might accidentally create a runaway greenhouse effect.

· Structural unemployment from shifting sectors: Humans might be entirely replaced by AI and robots for space mining and construction.

· Rising inequality: A massive divide between the ultra-wealthy who own the space stations and the indentured workers who build them.

· Tax avoidance easier: Mega-corporations basing their headquarters in orbit to avoid Earth's taxes.

· Increase in organised crime: Black markets for rare earth metals, space piracy, etc.

The Takeaway:

Economics is the study of how we allocate scarce resources. Whether we are on Earth or on Mars, unless we actively design a new economic system, the exact same forces of globalization will play out. As the diagram shows, globalization is a double-edged sword—it creates immense wealth and efficiency, but often at the cost of the environment, equality, and local stability.

Let's hope the first Martian economists study this exact chart before they write their constitution!