Re:Why India's Mars mission is so cheap – and thrilling
by anigbrowl on Thursday September 25, 2014 @03:43PM
(#8369297)
Economies run in parallel, not in series. As I pointed out elsewhere, this success is likely to attract a lot of outside investment to India as other countries and firms will want to take advantage of India's low-cost space expertise (and possibly avoid dealing with the US government and its complex technology-transfer rules). So spending $100 million demonstrating your space capabilitiies is a fantastic deal if it results in billions flowing into the country, which I confidently predict it will.
Re:Why India's Mars mission is so cheap – and thrilling
by radisb on Friday October 03, 2014 @03:28PM
(#8407177)
Billions flowing into the country does not mean that they will be distributed to those in need. But even if they are, a lot of people need those 100mil now and cant wait for billions later. Unless we accept the poverty percentage of India as an axiom. No pun intended.
Well, new and productive work is not equivalent to valuable work, for possibly a pretty big number of definitions of "valuable". Of course, "valuable" is subjective.
I mean, of course, in the global future context, this endeavor may contribute a lot of value, but what if I am starving and I probably wont be there to take advantage of that value? With sufficient people in this situation, the value of this project is pretty low.