How much is the world worth?

Page 3 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

Maetryx

Diamond Member
Jan 18, 2001
4,849
1
81
Originally posted by: Moonbeam
I do an excellent job of vacuuming. The incentive is that it's my floor. How is the world different than my floor?

Other people use it.
 

sandorski

No Lifer
Oct 10, 1999
70,784
6,343
126
Well, you can sort of place a value on the Earth, kinda. There are value estimates for various countries based upon GDP and Natural resources worth(Couple years ago I heard that Canada had an estimated $20 trillion US in "known" natural resources for ex), so if you add these together you could get some kind of price, though there are many unknown resources to take into account(again for ex, this was before Canada became the 5th largest producers of diamonds and is expected to be # 1 or 2 within a few years), so it's even very difficult to formulate a price based upon these 2 factors. Add in the more intangible fact that the Earth is the only known place where life exists and the problem becomes extremely complex to place a value on it. Of course then one must ask this question, if the seller sells it, what does that mean to them(whoever it would be)? Do they have to vacate in 30 days? :D

Since this thread seems to have turned into a, "Could we(or How could we) establish a Soviet style(I assume) classless society?" and I should add that this society seems to be aimed at the US, first one must assume that this could be accomplished politically/socially and what not, basically the question seems to be solely Economic based, as in how much dough would make it go. Basically, IMO and only based on a guesstimate of US per capita figures(some $30k+ IIRC), a decent lifestyle could be acheived right now, based on that fact alone.

However, other economic factors would prevent this from being acheivable at this time. One of those factors we discuss here at ATOT practically everyday, that is foreign oil dependence, US dependence on foreign supplies doesn't end there either. In order to create such a Society/Civilization, unless that Civilization was global in scope(again not apparently according to this discussion) the Nation(US) would pretty much need to be self dependent, otherwise it would likely suffer from the whims of others too easily.
 

Evadman

Administrator Emeritus<br>Elite Member
Feb 18, 2001
30,990
5
81
Originally posted by: sandorski
Well, you can sort of place a value on the Earth, kinda. There are value estimates for various countries based upon GDP and Natural resources worth(Couple years ago I heard that Canada had an estimated $20 trillion US in "known" natural resources for ex), so if you add these together you could get some kind of price, though there are many unknown resources to take into account(again for ex, this was before Canada became the 5th largest producers of diamonds and is expected to be # 1 or 2 within a few years), so it's even very difficult to formulate a price based upon these 2 factors. Add in the more intangible fact that the Earth is the only known place where life exists and the problem becomes extremely complex to place a value on it. Of course then one must ask this question, if the seller sells it, what does that mean to them(whoever it would be)? Do they have to vacate in 30 days? :D

Wow, we could buy canada instead of taking it over :Q

 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Sandirski U.S.S.R , China and Cuba are all aristocratic eltitest capatalist societies w/o a freemarket... Totally differnet.
 

sandorski

No Lifer
Oct 10, 1999
70,784
6,343
126
Originally posted by: Carbonyl
Sandirski U.S.S.R , China and Cuba are all aristocratic eltitest capatalist societies w/o a freemarket... Totally differnet.

True, theoretically they were/are vaunted to be Class less, but you are right, they were/are not in practice. I assume this is what you were getting at?
 

sandorski

No Lifer
Oct 10, 1999
70,784
6,343
126
Originally posted by: Evadman
Originally posted by: sandorski
Well, you can sort of place a value on the Earth, kinda. There are value estimates for various countries based upon GDP and Natural resources worth(Couple years ago I heard that Canada had an estimated $20 trillion US in "known" natural resources for ex), so if you add these together you could get some kind of price, though there are many unknown resources to take into account(again for ex, this was before Canada became the 5th largest producers of diamonds and is expected to be # 1 or 2 within a few years), so it's even very difficult to formulate a price based upon these 2 factors. Add in the more intangible fact that the Earth is the only known place where life exists and the problem becomes extremely complex to place a value on it. Of course then one must ask this question, if the seller sells it, what does that mean to them(whoever it would be)? Do they have to vacate in 30 days? :D

Wow, we could buy canada instead of taking it over :Q

Got $2x trillion?
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
50,879
4,268
126
Well, to answer your question, I have to invent new currency. Havent worked out the conversion yet to US dollars, but the coin of my realm is health and peace for my children, maple leaves in the fall, the smell of the woods in the spring, stars on a clear dark night. Many more denominations too. Sorry but US dollars really fail to convey the worth of what I know, which is certainly much less than what I do not. They are this boring color. Personally I like "loonies" :D
 

DaiShan

Diamond Member
Jul 5, 2001
9,617
1
0
Originally posted by: Moonbeam
MacBaine, the fact that I'm comfortable financially doesn't mean I don't throw a log on the fire when I feel like a glass of sherry.
I seldom understand you MoonBeam, do me a favor and if you are ever on television just scream out MoonBeam roxorz j00r b0x0rz!! So I can get a good look at you :p
 

sandorski

No Lifer
Oct 10, 1999
70,784
6,343
126
Originally posted by: Hayabusarider
Well, to answer your question, I have to invent new currency. Havent worked out the conversion yet to US dollars, but the coin of my realm is health and peace for my children, maple leaves in the fall, the smell of the woods in the spring, stars on a clear dark night. Many more denominations too. Sorry but US dollars really fail to convey the worth of what I know, which is certainly much less than what I do not. They are this boring color. Personally I like "loonies" :D

Ya, green is kinda dull, but we'll relieve you of such burden anyway. :)
 

majewski9

Platinum Member
Jun 26, 2001
2,060
0
0
hmm I'd say probaly in the trillions of US dollars! There are other planets that we could all live on! What about moon colonies?
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
50,879
4,268
126
Originally posted by: sandorski
Originally posted by: Hayabusarider Well, to answer your question, I have to invent new currency. Havent worked out the conversion yet to US dollars, but the coin of my realm is health and peace for my children, maple leaves in the fall, the smell of the woods in the spring, stars on a clear dark night. Many more denominations too. Sorry but US dollars really fail to convey the worth of what I know, which is certainly much less than what I do not. They are this boring color. Personally I like "loonies" :D
Ya, green is kinda dull, but we'll relieve you of such burden anyway. :)

Dude, uhh, like stand in line. :p
 

Moonbeam

Elite Member
Nov 24, 1999
74,744
6,761
126
I would bet the conversion ration of loonies to dollars is one to a million at least. :D

Vic asked me if I failed economics, Hay. Of course I didn't. I never had economics. Carbonyl suggested thinking outside the box, but that's not exactly possible for me at least intentionally, because I've never really been in the box. People, of course think what is is what should be, but I never learned that. I was never trained to see what is as what should be, so naturally for me the things that are wrong with what is are really wrong. I don't have the benefit of having been told that's not so. :D

For example, I could never figure out the market thingi. Scarce make for expensive. So just make lots and lots and the price is good for all, right?

And nobody is taking serious the fact that the AI robots are comming. With them comes the end of work. Everything will quickly become way too complex for humans to even understand.