The development of Civilian Astronautics promises to create massive new employment, and enable definitive and permanent exit from global crisis – by A. Autino, R. Russo, P. Collins

We at SPACE RENAISSANCE have a few clear and simple concepts, of which one is: THERE IS NO GROWTH WITHOUT INDUSTRIAL DEVELOPMENT – and without growth our civilization will die. The only way to really re-start economic growth, beyond merely short-term remedies, is to boot-strap the new era of human expansion beyond the Earth’s atmosphere, by accelerating the development of low-cost space travel. We therefore propose a strongly positive strategy, aiming upwards towards this clear goal. In the present recession, many investors are keeping their money uninvested, while “waiting for better times”. But this is worse than useless: the withdrawal of such funds from circulation reduces economic activity, making the possibility of economic revival weaker and weaker. To avoid this awful scenario, the only way is to create new fields for economic growth. The most promising new industrial opportunity is to finally trigger the new industrial revolution of civilian astronautics, which can quickly reverse the crisis, re-starting an era of double-digit growth in the developed countries as well as in the recently emerging countries, thereby creating millions of new high-level and middle-class jobs, both in space and on Earth. How is this to be done? The key step, which can open a true cornucopia of virtually unlimited future development, is investing in “space tourism”, that is, passenger space travel services, starting with sub-orbital flights. This is a very low-cost new approach to space development, which will supply popular services to the general public, and open new fields for investment with unlimited potential for further growth – through large-scale orbital industries leading on to lunar economic development and beyond. The first phase of these new industries should be supported by governments with friendly fiscal policies, as governments do for other selected industries. A pool of investment funds should also be created, specifically targeted to stimulate development of civilian astronautics in its many aspects.

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by A. Autino, R. Russo, P. Collins