An Introduction to the Problems of the Planetary Economy

In order to talk about the problems of the planet’s economy, it is worth understanding what is meant by the phrase planet’s economy and what its problem means. The main difference between the economy of the planet and the economy of an individual economy or country is that the economic entity of the planet has no competitors and limited access to any resources from outside, and this is the main problem. When we talk about the problems of the economy in a particular country, it often means that this country is less successful than another, so that it produces and consumes less goods. The planet as a whole has nothing to compare with such indicators, but this does not mean that any state of the planet’s economy is normal or desirable. The desirable one is one that will allow us to live to the point where we can additionally provide ourselves with resources from outside or find friends or competitors on other planets. And for this we need a new type of economy that allows us to better preserve, improve and even increase the natural resources available to us.

Economy success rate

An indicator of success in a country’s economy might be income per person or the cost of labor versus the cost of goods, such as how much effort it takes to feed oneself. But, this is a relative measure of success. In economics, there is no rule how much you need to work to provide for yourself. There is no rule of what size this provision should be. Economics only states the fact that the working day provides for certain needs. We ourselves determine the magnitude of these needs according to our desires.
We can say that any problem in the economy is a discrepancy between reality and our needs and desires. And to solve it, you need to change either desires, or to implement the desired directly by correcting the problem, achieving something better than it is. The sum of such achievements in the economy is the essence of progress.
The problems themselves can be both private, if it concerns the life and desires of an individual, and to some extent general, if it concerns many, for example, a separate state. So, in order to understand the problems of general and particular, we can indicate what our needs and desires are in themselves, which can also be general and particular.

Common Desires

Common desires or needs, we can deduce from what is inherent in all people and, in general, in all living organisms, the desire to survive, directly live life and leave behind offspring. Perhaps in this respect we will find exceptions, but this will not be the majority employed in economic activity. If a certain person is ready to give his life for something, his life itself or the life of his loved ones until that moment will be somehow subordinated to the desire to survive and, as a result, he will participate in economic activity. The economy can also serve military purposes, but in peacetime the economy and the processing of any external resources is primarily aimed at achieving the goal of one’s own survival, that is, creating and providing for a family and, as a result, procreation.
As for the very living of life, its comfort, despite all the variety of tastes and existing things, desires are limited by prosperity and availability of funds. For example, someone has the ability and means to build a hut only from bamboo or reeds, it is quite possible that he would like to have a house made of wood or stone, given the amount of funds necessary for this. Thus, with regard to the things that constitute prosperity, comfort, and pleasure, it can be quite confidently assumed that every person would like to have more of what he can have.
As for the desire to continue the race, we run into some restrictions on what a person is biologically capable of. First of all, this concerns a woman, since her ability to have many children compared to a man is significantly limited by physiology. Nevertheless, if a woman’s desire to have many children of her own is limited, then material wealth allows her to largely ensure the life and survival of her own offspring in the form of education, inherited property, any rights, etc.
The desire to improve well-being is common to all and has no limits, and the amount of effort required to satisfy this kind of desires of an individual easily goes beyond what this person himself is able to undertake to satisfy them.
Speaking of economics, we moved on to desires, and having considered desires, we understand that they are inherently unlimited when they relate directly to life and are limited in the case of the performance of any function, such as child bearing.
Desires are unlimited, opportunities are limited.