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First watch this short Discovery Channel film dsc.discovery.com... and you will also wonder why haven't we started this already.
"500 years from now... I think Mars will have its own language, its own currency, its own cuisine.."
Cosmonaut Nikolai Budarin photographed this scene on April 9, 2003. He was peering into the Russian Lada greenhouse onboard the International Space Station (ISS), and his snapshot illustrates some of the strange physics of gardening in space.
Granted the element of the pissing contest. However the real contest was for control of near earth orbit. High Ground.
Your wrong, your wrong and your wrong.
The original idea of a space race had nothing to do with the brotherhood of man. It was a pissing contest between the U.S.and Russia
... Once America won, it became a beauricratic money sink into the aerospace and defense industry.
Second, the motive that is driving the leaders of the companies today are the dreams that we all shared growing up. They want to explore the cosmos, they want to settle other worlds. Google Robert Bigelow and Elon Musk. These guys are sinking a considerable amount of their own fortunes into these space ventures. Beyond the profit motive.. wich I will argue is there in spades, these guys are fueled by dreams.
Finally on the profit motive. To say that there is no profit to be made in space is an extremely naive and uneducated statement. Just one Nickle/Iron astroid is worth 1 trillion dollars in todays market. Mars is an entire world of minerals untouched. The value can't begin to be calculated not to mention the social and technological advances that will come from the people who settle there adapting to the planet.