The Economy of The Star Wars Galaxy
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- Опубліковано 1 січ 2020
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A long time ago, in a galaxy far far away. The star wars universe centered in this galaxy has of course been the center of many stories filled with action intrigue and mindless cash grabs for toy licensing, but it is also home to an amazingly developed economy.
No fictional universe that I know of has the level of depth that the star wars universe has garnered, from the movies, the games, the books, and even the fan fiction it has all built a surprisingly tangible reality in this fictional universe.
A large part of that reality is the surprisingly realistic economy that has been fleshed out in the narrative of the star wars universe. The economics of galactic trade and military spending is a long way from the center of the stories but it is still a foundation that whether intended or not gives an added layer of realism to a science-fiction franchise about space wizards.
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#StarWars #SciFi #Economics
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Sources & Citations -
Kardashev, Nikolai (1964). "Transmission of Information by Extraterrestrial Civilizations". Soviet Astronomy.
Galantai, Z., 2006. After Kardashev: Farewell To Super Civilizations.
Voros, J., 2015. Galactic-scale macro-engineering: Looking for signs of other intelligent species, as an exercise in hope for our own. Globalistics and Globalization Studies: Big History & Global History.
Soytas, U., and Sari, R., 2003. Energy consumption and GDP: causality relationship in G-7 countries and emerging markets
Chontanawat, J., Hunt, L.C., and Pierse, R., 2006. Causality between energy consumption and GDP: evidence from 30 OECD and 78 non-OECD countries (No. 113). Surrey Energy Economics Centre (SEEC), School of Economics, University of Surrey.
weforum.org/agenda/2018/10/the-80-trillion-world-economy-in-one-chart
starwars.fandom.com/wiki
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We are not anywhere near a kardeshev 0.75 type civilization. Humanity doesn't even have access to a hundredth of a percent of the energy falling on earth.
* havent made it to type one. We will someday
Mitochondria may be the powerhouse of the cell, but Stability is the foundation of any good economy
Don't you mean Midi-chlorians?
@@aabstraction Midi-chlorians are force bugs, the Mitochondria is the POWERHOUSE OF THE CELL
darkk mane rules!
I have played enough Stellaris to know the sheer importance of stability in my galactic empire.
@@DearUncleHermit the mitochondria is still the powerhouse of the cell!
"The scale of this economy is UNIMAGINABLE to us."
EE, explaining the economy of a fictional universe that was imagined by us.
The story was started by us but it has developed from that point on a lot by itself. There were things that just needed to happen and those things sparked other things. For example the development of ships. The Clone wars was started with the idea of somebody here on Earth but from then on with the introduction of new ships in economic case means improved technology and manufacturing techniques and ofc scale. As the war progress so is the spending on military which they probably never even though about certainly not in the movies. Means manufacturing and technology are improving at rapid scale. By the end of the imperial rule it is said that there were some 25,000 star destroyers. Such a massive navy was never seen before and all of these destroyers are better and larger than the Venetor class destroyer in the Republican navy some 2 decades ago. Imagine the jump in economic scale that they never emphasized on but it just must be true there is no other way around
@@ulikemyname6744 developed by itself? I am from the future and did you have ai overlords too who threatened livelihood of writers?
EE: Star Wars has the most fleshed out sci-fi economy
EVE intensifies
TheIrtar Indeed haha
EVE, the X Series, Star Trek.....
I would say Star Wars is the least developed
Vall Fallar thats because your suppose to read the books and comics and games if that’s a good thing or a bad thing I don’t know and I don’t care but I can see why Star Wars is hated by all sides at least Star Trek is nice and real
I agree. Eve's economy deserved a video,But it would also be a long one.
Rebecca Orman
Wow....
This channel has come a very long way. “The economy of eve online” was this channels breakthrough video.
"...over the course of a Trilogy I wished they never made"
Agreed.
+DorBlyat What -Disney- Trilogy ?
What is these mythologically never happened series you speak of ? (!)(!)(!)
Grrr grrr grrr
Prequels are worse (for me)
We have spoken.
@@Youbeentagged The prequels were pretty shitty movies but didn't ruin the star wars continuety at all unlike the sequels
Income inequality in Star Wars looks pretty bad.
@@TheOMGPudding So you mean that the economy is equal if you happen to be half human half made out of midiclorians which among other things give you super powers and make you the greatest warrior in the galaxy. Why cant the stupid plebs just pull up their boot straps and be reborn with super powers? when will they learn? xD
@@Xtremenachos420blazeit You can marry up like Han Solo. His kid ended up became the lead on the next major political party at a ridiculously young age. Quite a social change from a smuggler.
@@peterli4798 and how many people can do that?
Yeah, they should've became communist!
@@pneumonoultramicroscopicsi4065 not necessarily but abolishing slavery would have been a nice start. Also, they have near limitless resources so they hardly have the same excuses as us for letting people live in filth. You could probably be a comfortable octillionaire with several planets as your private property and still make sure people have an education under their system
Economics Explained: "The economics of galactic trade and military spending is a long way from the center of the stories"
Ep. 1, opening crawl: TURMOIL HAS ENGULFED THE GALACTIC REPUBLIC. THE TAXATION OF TRADE ROUTES TO OUTLYING STAR SYSTEMS IS IN DISPUTE.
:P
Edit: spelling
Haha fair enough I guess Mr lucas agrees with my particular brand of neediness :D
The Economics of warhammer 40k would be interesting!
Only 1.6 on the scale and star wars also is only on 1.2-1.4
Now that's an interesting topic, but isn't that type of universe even larger than the star wars one?
@@MariaCorrea-mr2gy not quite true. Trade exists in the imperium and even trade beyond the imperium through rogue traders. The imperium levies taxes ofc. And some worlds are purely tax farms yet theeres pleasure worlds academy worlds hive worlds etc. Theres a large amount of elite and middle class people even in warhammer to have an economy with.
The imperium of man is basically a feudal economy that's in a total war. Think the latter half of world war II plus medieval times. Each sector/planet has to provide a tithe to the general imperium, and given the total war, that tithe is almost always something that can be used for the war effort, whether that be food, men, weapons or technology. Hive worlds churn out billions of common goods and weapons, forge worlds make specialized technology and weapons, agricultural worlds make food. Other than that, each planet/sector is free to govern itself as it wishes (as long as they worship the emperor) so those economies may vary.
Estimating the total GDP of the Imperium would be challenging but you could probably make a reasonable guess off of the number of hive worlds, estimating production capacity, etc.
The really interesting thing would be analyzing the economy of special worlds like Terra, where immigration and imports are astronomically high, or Space Marine homeworlds, who are exempt from the tithe. Whereas a regular hive world would still have a major surplus in imports, Terra is known in the lore as having billions of pilgrims arrive every month and requiring a constant supply of food haulers landing every ten minutes to feed its massive populace.
@@MariaCorrea-mr2gy There can totally be an economy when everything is going toward the war machine. In fact, sometimes having a war can boost a nation's economy. For example, the US had the great depression in the 1920's that was only fully ended by World War II. The goods and service that are produced in a wartime economy are different than in peacetime, but the economy is still churning. In fact, I'd recommend looking up how economies functioned during world war II, as that is the only time in modern history that first world industrial nations turned nearly all industries toward war. Really puts perspective on the Cold War economies up to our modern day.
*star wars, how to ruin a perfectly good economy*
"Apparently"
5:12? Watts per second? A Watt is already a measure of energy flow (energy per second). Do you mean Watts (Joule per second) or kiloWatthour per second?
Amount of energy flowed in a second i guess.
@@magicwish7258 yes
Or at least rock the BTU
I think he meant to say at any second the given power consumption of the republic
Muhammad Ijaz is that not the same as the power consumption in a given minute?
It’s a stupid expression.
Please *Ecnomics of STELLARIS* next; I want to see How Economics Explained narrates - in detail - the economy of Fanatic Purifier Species Empires; along with Fanatic Xenophile Technocracies :D
While I would love this as well, I don't see how would that even work. After all, there is no canon civilization in Stellaris. Everything is unique in every game.
@@AtilaElari Than his own *created* civilazation/s in Stellaris. I am damn sure he'll definetly go for Megacoorporations but I wanna see fanatic xenophiles vs purifiers :)
@@thedoruk6324 Would love to see that as well, he could also just run a game full of bots (modded) and see how well they do with the spectator tool
@@randomguy2807 I wanna see EE making comments on the insane and ever expanding Gigastructural Engineering mode; like; 'Okay - I guess we won't need an economy anymore !' :D
@@thedoruk6324 I really want to know what he thinks of the megacorp expansion and so on - i myself havnt had the time to play it jet :c
Just as I was watching Star Wars lore videos..
The force works in mysterious ways
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The economics are way more interesting in Legends.
Watts= joule per second
Actually, I love the new trilogy, even if it doesn't live up to the original
I've seen some analysis on the star wars galaxies Kardishev scale before, I think by 'Isaac Arthur', and they placed the star wars galaxy at more like 1.7. This makes a lot of sense because the star wars galaxy has neither the population nor infrastructure you'd expect from a genuine K2 Dyson swarm, so I think the analysis probably doesn't quite fit in things scale.
I love these EE videos though! Going into my first year of a combined economics law degree in Aus and these are always a pleasure to watch :))
Fascinating video you’ve done a really great job with this
Would love for this to become a series. Short snapshots of different aspects of the star wars economy would be really interesting. Like why is slavery so common if automation is so good?
Perhalps not every world has the means to automate or mantinence for automation is either not possible (due to lack of infrastructure or technical knowhow) or too expensive when compared to slavery for them. Also certain jobs that can't be automated such as those dancers that jabba the Hutt employed or maybe certain worlds with gladitorial games...
similar to why miners in Congo work for 50 cents a day even though a single person with an excavator can do 100 times the work they do.
*KARDASHEV SACLE*
My head: Kardashian Scale
Hok right! 😂
It measures a trifecta of thotness, stupidity and coalburner idiocy
That's a
BIG ASS ECONOMY
THICCCC AF
BOYYYYYYYYYYYYYYYY
😂😂😂
most profitable job in SWU: arms dealer.
@Awe Sean well it depends on what you are smuggling.
Anything illegal. From ciggies in jails to booze during prohibition, weed and coke in the war against drugs, or ivory and other bits of endangered animals. Or people.
Last jedi sucked, but I like the way they showed how arm dealers supplied both "good" guys ans "bad" guys.
@@chatnoir1224 well those workers in the factories have to pumping out guns for the war that never ends. They have families to feed.
@@VeryProPlayerYesSir1122 and they have their Bosses who need to spend money on fancy horse racing.
Well naturally you need to do the economics of Star Trek now. That'd be a fun video
its full communism
@@benjaminheim735 Only the federation has a fully communist economy. It'd be interesting to see how they trade with other nations
I'd be interested in the economics of Vulcan.
Latinum is a big outlier
"There were some droids destroyed and
Some lightsabers waved...." Nearly choked on my cup of tea 🤣😂🤣😂🤣🤣🤣
Great video! Got me thinking though: Producing the financial statements for a Pan-Galactic corporation must be an absolute nightmare for any futuristic accountants - doubly so when you consider the relativistic effects from moving about so much, as this will essentially push planets 'out of sync' with one and other.
Let the droids do it
What is a year at a galactic scale? Or even better, is your second the same as my second? What about Han on a Millennium Falcon? Surely relativistic effects kicks in at that point
YK L relativity had never been mentioned in any material so it’s safe to assume that it doesn’t exist in Star Wars, a galaxy where FTL travel and space magic exists.
If you’re running out of ideas: economics of csgo
Nice video, and I love that you're teaching people about the Kardashev scale and the relationship between GDP and energy.
Though I have some corrections:
Because the people in Star Wars used nuclear technologies, it does not follow that they utilized more than their 50 million suns worth of energy (from this alone). While the nuclear resources in the solar system are staggering, they are insignificant in comparison to the fusion resources of the sun, which is a fusion reactor with 99.86% of the solar system's mass. To fully utilize a star's power, a Kardashev 2 civilization will build a Dyson sphere / swarm, which will blot out the sun with industrial infrastructure. If Han Solo came from a civilization with more than 50 million times that industrial capability, the Death Star wouldn't be "too big to be a space station," it would be a tiny "hunk of junk." Coruscant was the capital and economic center of the galaxy, but it only had 1-2 trillion people (A Dyson swarm can comfortably hold millions of trillions), and there is no mention of any orbital / space infrastructure even close to that level.
I will say that the destructive power of the Death Star does lend the Empire to having such power, but then we would be basing the calculation on the Death Star and not the number of planets.
I'm also not sure how you came up with the SW galaxy being a type 2.4 civilization. I'm assuming you're using Carl Sagan's formula of K = (log10(P)-6)/10. If we go with 50 million suns and an average solar power of around 1 to 4 *10^26 watts, we get: K =
2.8. To get K = 2.4 we would need the average star system's power use to be around 10,000 times less than a star. Which I'm more okay with because of the first point lol, but I doubt that was the intention?
And like people have mentioned, power is in watts, not watts per second.
Also I wouldn't say the Star Wars economy is realistic, I love Star Wars a lot, read the books, host RPG sessions, etc, but it gets scale wrong all the time. The economy is very detailed and done in depth but I wouldn't call it realistic or the best sci-fi economy, by far. Here are some issues with it in the cited links [1][2], though any part of it tends to fall apart under scrutiny. Like people have mentioned, the Expanse does it a lot better.
Sources:
[1]: scifi.stackexchange.com/questions/76421/what-is-the-population-of-the-star-wars-galaxy
[2]: ua-cam.com/video/6pmNXHYzAPc/v-deo.html
Thumbnail is on point!😂 Another great video. You have very quickly became my favourite channel, keep up the amazing work!
Thanks :) my partner actually does the artwork I will pass along the kind word to her!
@@EconomicsExplained Please do! I'm looking forward to her future work 👍 (PS, any plans on looks at more historic civilisations? Like the Roman Empire.)
Easy:
Before clone wars, nemoidians and muun run everything.
After clone wars, whoever has more guns runs everything.
Meanwhile , Tatooine is waiting for the day when *Oil* (what's up Americans ?) is discovered in their deserts.
I need...
*O I L*
OH SAY CAN YOU SEEEE
"No fictional universe I know of, has the same level of depth that Star Wars has"
Well how did you forget EVE Online already?
Ikr also middle earth by tolkien! the man has created thousands of years of mythology, several unique languages, countless races with their own history and traits, countless poems and short stories describing the true intricacy of the world itself and the magnum opus; the lord of the rings story itself. Star wars has nothing on that
@Not Todd Howard No it doesn't, read the new books. They explain how The First Order came about very well from a logistical and economic perspective, well as the political networks and parties of the New Republic.
Also number of troops is Star Wars has always been sketchy and unrealistic prior to Sequel Trilogy. You have only around 6-7 million clone troopers fighting a *galactic* war whose civilization population is much larger.....and the automation on the Republic side is fairly small.
The US Army already has around 2 million soldiers. And thats one country on one planet with a much much much much smaller "world" population.
@@abdullahimran3720 Star Wars Legends disagree.
"Read the new books." Fuck no.
@Not Todd Howard Well, that was brutal
this channel is already one of my favorites out there. awesome work !
2 billion dollars a per person? I guess inflation has to be crazy in the future...
The world building and thus economics of the expanse series (especially the books) would also be interesting...
I was looking for this comment. The expanse is pretty interesting with different economic systems between the belt Mars and Earth.
I must admit that I haven't read the books, so I can only base it on the series and extrapolate more detail in the books.
You should do an economics explained on The Expanse
"A trilogy I wish they never made"
I studied econ, but this really made me subscribe.
side note:2 billion per person may sound like alot, until you consider what a spaceship would cost, and how high housing prices would be when literally entire planets are turned into packed cities.
Could you do a video explaining the deceptive nature of GDP figures?
Love the videos btw, very informative and interesting.
I don't give a crap about economy and I don't even really know how I have end up watching your videos and yet, I have just binged a bunch of them.
You make quality educational/informative content while still managing to make really interesting a relativelly boring subject. Keep up with the great work!
I like the video but hearing that this fictional universe has the most well developed economy that you'd heard of was a bit of a double take for me.
The economic of Dune would be pretty interesting to see!
The spice must flow
First time viewer. Subscribed. I like how you structure your videos and the way you get into detail about economics. I'm looking forward to exploring more of your videos.
Comparing it to 40K, I actually get the impression of Star Wars existing during the "Dark Age of Technology" in 40K lore. A period of massive wealth and of humanity testing its limits, just before a cataclysm causes the entire system to fall apart.
Star Wars : The eternal war between Space Wizards and Space Warlocks
I think there's something to be said about the wealth gap likely scaling with similar proportion to the overall economy
I love this channel already and i found it only a month ago. So good :)
Thanks mate :) always appreciate the kind words
EE: "Doesn't like the new starwars."
Haters: Allow us to introduce ourselves.
I honestly really liked the new star wars movies and they were really fun...
That's you're own opinion and I respect that. For me, there were many parts where I really liked the new Star Wars, but I think the cons far out weigh the pros.
Andy Zhao what are those cons?
Please do a video on the economies and the economics of Elite:Dangerous!
This video needs to trend! An extremely well done video.
I've waited so long for this. Amazing!
0:24
“No fictional universe that I know of has the level of depth that the Star Wars universe has”
Elder Scrolls: Allow me to introduce myself
Lord of the Rings: that's kinda cute
but that universe, or LOTR, if we focus in the economic sens they are...kinda boring
I mean, they are similar to medieval agricultural societies prior to the renaissance, and difficult to commerce in. Probably ES is more advanced though, Aragorn mentions that having something like tobbaco from the Shire in Isengard as something really weird. Maybe with the Unified Kingdom of Gondor ease of commerce would be a lot better
Warhammer 40k: Did someone say something?
@@joseanl after the fall of Anor and Gondors decline commerce would be very difficult in the North of Middle earth
@@user-ft3jq5vi2l I definitely thought of LOTR as well. I would say that definitely seems more expansive than the Star Wars universe.
Very well done. Its something that had never occurred to me but makes sense now that I listened to this.
Economics Explained has officially *joined* to the Cult of 🅱🅱 Yoda; confirmed !
Awesome vid as per usual EE!
Great video! You’ve earned a sub.
@Economics Explained : You mentioned Ancient Rome several times for comparison. Where would you place Ancient Rome on the K-Scale?
And can you do a vid on The Federation from Star Trek?
Ancient Rome was 0.07 on Kardashian S
Watts is a measure of energy per second. Watts per second is used to explain a rate of increase in energy production
The economics of "The Expanse" the Amazon Prime series is also quite interesting. It even features the "dark side" of Universal Basic Income, i.e the human need for purpose and lack of purpose creates dependency, dependency creates uncomfortable power dynamics.
This was awesome!
i didnt know i needed this
Uhhhh, "watt" is a measure of energy flow, it's already "joules (units of work) per second" measurement. Saying "watts per second" implies increasing energy usage per second.
Love your videos EE, making us Aussies proud!! ;D
great video as always man
Thanks man :)
Right at the end you mention the First Order. What you seem not to know is the forty-fiveish year story between Return of the Jedi and First Order. In this time Coruscant is completely destroyed in the Yuuzhan Vong war - a fascinating economic event to explore, I think, if you had time to read the hundred or so books telling that story.
So happy that this video was made :)
Awesome video
Excellent !
Best video on UA-cam, hands down.
I like the fictional economies.
Cool video. Imma check out the rest of your channel
It would be interesting to work on the mathematics of the economic and financial models by incorporating the effects astronomical concepts such as time dilation. It would also be interesting to imagine what new industries would exist.
Years ago while playing the SW role playing game, we sat down and tried to figure ut a conversion rate between US dollars and Imperial Credits on a purchasing power basis, mainly to get an idea about what various things in the game should cost the players. Based on what Luke was able to get for his battered but souped-up landspeeder, the cost of chartering the Falcon, and the likely size of the debt Han owed to Jabba (that Greedo indicated might be satisfied by the seizure of the Falcon), we came up with between $4 and $5 per Imperial Credit. Luke was able to get between $8,000 and $10,000 for the speeder, Han was charging $10,000 a person for the clandestine transport of passengers, and his debt to Jabba was around $100 to $150k, enough to buy a good-sized truck.
Love the video! Could you make one about the economy of the United Federation Planet from Star trek!
Aw I wish you go into depth about how the Clone Army was funded or the costs of that standing Army, how the client states of the Confederacy and Banking Clans managed their wealth, the relationship or produce of the various corporations like Kuat and the role of Hutt Space in the economy or their slice on how they interacted with the Galactic Economy.
I get what you're doing and I appreciate this sort of video, but "Galactic Federation" it's the Galactic Republic, it ain't Star Trek.
I have some specific suggestions for Star Wars economics topics that can be analysed in some other videos if you want to keep on with explaining fictional economies:
- one is the price of the Clone Wars and the balance between guns vs butter (this came up at least twice in the animated kids show The Clone Wars, the CGI one, not the cartoon, one as needing to pay for the war by cutting social welfare and the other in the cost of significantly expanding the Clone army),
- the role of private lending to governments and the Supreme Chancellor's take over of the banking system to help pay for the war (again in The Clone Wars TV show),
- the use of slave labour by the Empire,
- and the economic disparity between regions within a single political entity (e.g. the wealthy Core Worlds like Coruscant and Alderaan compared to the poorer Outer Rim planets like Tattooine and Geonosis).
Happy new year everyone! Amazing work as always, since you are covering fiction, could you cover what the economy of Morocco would be if it did the referendum and gained the Sahara fully, and compare the before and after. I always wonder why the conflict happens and if you can put it in numbers, maybe it'll make sense to us! Cheers and happy researching!!
There are not nearly enough comments and this background music!! A wonderful addition
Yay, first view and like!! Love this video!
hahaha you are happy fellow nerdo
Maybe you can talk more about the Trade Federation and how it compares to the historical East India companies?
I would really like to see you do a video on the various trade corperations from Star Wars like the Trade Federation and Kuat Drive Yards
Nice video, but a small error. W/s is just J (Joules), so in the context you use it, 10^27 W/s, dosen't make much sense what you probably wantd to use, is J/s wich is watt.
W/s is not J, it's a measure of how fast energy consumption is growing (kind of like speed/s, which is acceleration). He probably just meant W.
A small error, W*s is Joules, not divided. But otherwise, you are correct
Thank you for this insightful video.
Have you already thought about doing a similar video about the economy of the Dune univers?
Omg I wanted this video soooo bad
Love when you do economies from fiction!
5:13 watts is already a rate of energy transfer, so this should be joules per second or just watts
Love you, I won't stop saying this any time soon.
Great video. Ive always wondered though how the galactic economy of Star Wars is able to sustain the incredible war effort with some many mega structures and ships being destroyed so regularly (and so easily). Particularly the "Rise of the Skywalker". What was going on there? Were the new Star Destroyers being willed into existence by the force or was there a huge community of people building those ships that we never got to see?
I swear I was literally thinking about this topic today when I watched Rise of Skywalker
WarHammer 40K as a super developed series with details and economy
It is north korea on drugs.
Thank for the video.
Might I suggest that you have your discord meet up a day or so after the video upload. It would give your viewers who miss the one hour immediately after your upload (like me!) a chance to talk to you
This is so cool I love SW and I’m an econ major in college so I love this lol
YES THANK YOU
Kardeshev scale goes up tp 5, the revised version.
Yeah, but a 5 can only be sustained for a few Million years
Gene Roddenberry's Andromeda Systems Commonwealth: Let me introduce myself
can you make germanys economy next?
Great video. If you didn't already, I think you could consider adding an assumption about energy efficiency. Energy efficiency leads to the "decoupling" of energy use from GDP. Presumably a more advanced economy would be more energy efficient.
I am excited about the Videos based on Economy of other Video Game Worlds like Los Santos (GTAV), Tamriel (The Elder Scrolls), Protheon Civilization (Mass Effect), Azeroth (WoW)
Could you do the economics of the 40k imperium? It’s pretty totalitarian, and there’s no innovation, but I’d still like your take
Good vid
Now I want a video about the Economy of the Earth.
Kyle hills video on the physics of the death Star is super interesting
I love the Star Wars economy and was well aware of it before this video. The Galactic Republic is more similar to the European Union.
Just finished The Mandalorian.
200 octillion by 2019 nominal USD.
The Old Republic is dated years from its founding in 25,053 BBY so if inflation is adjusted.... quattuordecillion happens
If I am right. Inflation is not bound to happen. On earth right now inflation is used to keep people away from stocking money in their homes. So central banks keep it at 2%. But it could be that this is not efficient on a galaxy scale.
that's a good point. Let's assume we live in piece for 25000 years and 2% is embedded in United constitution up until The Old Republic is at its peak. But the dark times are coming....
Could you do a economy of the foundation tv series?
nice video
Star wars video :o
A suprise to be sure, but a welcome one
Hello there
@@EconomicsExplained General economics explained!