What kind of economy is the Federation in Star Trek?
What kind of economy is the Federation in Star Trek?
The eighth chapter deals with the Ferengis, an economically powerful alien species in the Star Trek universe, with an economy based on trade and capitalism. They are profit seekers, and all profit seekers can change.
How does the Star Trek Federation economy work?
In Star Trek, most economic value is created by essentially free goods. That is the simple explanation as to why we don’t see money exchanged. The free goods that are provided from housing to technology to services and to Earth and Earth orbit transportation are what would $100 millionaires can get today.
What is the economy of the Federation?
Crucial to the Federation is its volunteer economy, where people essentially work for free to better themselves, the product of that labour is then spread equally among the population. To answer your question, there isn’t a class system although droids and holograms get a raw deal.
Is there money in the Federation Star Trek?
Franchise creator Gene Roddenberry established that the Federation has no currency and that everyone simply pursues their passion without compensation long ago. Federation citizens are supplied with all their basic needs met, at no cost.
How does Star Trek have no money?
Star Trek creator Gene Roddenberry set the series in a future where money is obsolete. In “Star Trek,” members of the federation live in a post-money society: Everyone has the basics, nobody has to work, and ordering what you need is as easy as telling a replicator, “Tea.
Is Star Trek a communist?
No, Star Trek is not a socialist-communist socio-economic system.
Where is Earth in Star Trek?
Earth (also known as Tellus, Terra or Sol III) is a class M planet, the third planet in the Sol star system in the space of the galaxy’s Alpha Quadrant, at coordinates 1.23N 2.79W.
Is Star Trek a utopia?
Earth in the “Star Trek”universe is an egalitarian, utopian planet that has long ago shrugged off the habit of war. People in Star Trek’s vision of the 23rd century use their timeand talents to explore the universe, create art and probe the mysteries ofscience.
Why doesn’t the Federation use money?
8 CURRENCY According to TNG, money doesn’t exist in the Federation. There isn’t a need for it, because replicators can provide anyone with whatever material thing they might purchase with it. Those outside of the Federation (like the Ferengi) still use currency like gold latinum, however.
How much is one gold bar pressed latinum worth?
Originally Answered: How much is gold pressed latinum worth? Quora User covered the in-world value. A quick search on the web shows $15-30 for a prop bar.
Do corporations exist in Star Trek?
Corporations still exist within the Star Trek universe but appear to have largely disappeared from the Federation (and do not exist in several other societies either). The Federation is a post-scarcity society where corporations, entities that exist to seek profit, would have no value.
Is the Federation in Star Trek socialist?
The United Federation of Planets in Star Trek is mostly libertarian-socialist, post-scarcity economy. Because the Federation has matter-energy replication, they can make the essential stuff of life essentially for free.
