Panology of Science Fiction: F

Finance

For many readers, the field of economics might seem like dry, analytical territory, a realm of graphs, supply curves, and impenetrable jargon. And let’s be honest: most literary enthusiasts, and even a fair number of science fiction fans, probably tune out at the mention of GDPs or fiscal policy. Yet, when wielded thoughtfully, economics can become one of the most fascinating and transformative tools in speculative storytelling. In fact, some of the best science fiction ever written stands out precisely because it dares to construct alternative financial systems and economic frameworks—frameworks that both challenge our current paradigm and make us question the very fabric of our lives.

Tthe Invisible Force

Whether we like it or not, our lives are inextricably shaped by the economic systems we inhabit. These systems dictate what we value, how power is distributed, and who gets access to resources. Yet, for many, these constructs remain invisible, like the air we breathe. Few pause to consider that the capitalist framework we navigate daily isn’t some immutable law of nature but an invention—a system devised by people, for people, at a specific moment in history. Even fewer realize that other systems, perhaps better (or possibly worse), could exist.

This is where science fiction excels. At its best, the genre doesn’t just entertain—it provokes, questions, and imagines. It asks: What if things were different? What if we dismantled the old structures and built something entirely new? By introducing readers to unfamiliar economic ideas, science fiction expands the boundaries of what is possible. It can make visible the invisible forces that govern our lives, pulling back the curtain to reveal how our world might look under a radically different set of rules.

Economic World-Building

Economics isn’t just about money; it’s about how societies allocate resources, how they incentivize behavior, and how they define success and failure. This makes it a fertile ground for storytelling. Consider the economic frameworks explored in some of science fiction’s most iconic works:

  • Ursula K. Le Guin’s The Dispossessed: Le Guin juxtaposes an anarchist society on the planet Anarres with a capitalist one on Urras, using this contrast to explore themes of freedom, inequality, and interdependence. The economic systems aren’t just background details; they’re integral to the story’s conflicts and character arcs.
  • Philip K. Dick’s Ubik: In this world, even the act of opening a door requires payment. Dick uses hyper-commercialization to satirize the encroachment of capitalism into every facet of human life, creating a dystopia where even death isn’t free of economic entanglements.
  • Kim Stanley Robinson’s Mars Trilogy: Robinson meticulously examines the political and economic challenges of colonizing another planet, imagining everything from gift economies to corporate domination to collective governance.

These works don’t just create alternative worlds; they challenge readers to see their world differently, to imagine how different systems could produce different outcomes for humanity.

Driver of Change

Economics plays a profound role in shaping technology, society, and the environment. It influences who wields power, how resources are distributed, and what innovations are prioritized. When science fiction explores economic alternatives, it’s not just engaging in thought experiments—it’s engaging with the forces that determine our future.

For instance, imagine a world where intellectual property doesn’t exist, and all knowledge is freely shared. How might that reshape innovation, creativity, and societal hierarchies? Or consider a post-scarcity economy where advanced technology has rendered money obsolete. What new challenges might arise in such a world, and what forms of inequality might persist or evolve?

By interrogating these possibilities, science fiction can illuminate the strengths and flaws of our current systems, offering visions of both utopia and dystopia. It’s a genre uniquely suited to grappling with the complexities of economics because it allows us to test-drive ideas without real-world consequences.

Why Economics Matters in Sci-Fi (and Beyond)

Ultimately, the subject of economics is far too important to ignore. It’s not just an academic discipline or a dry set of rules; it’s the engine that powers our world, for better or worse. Science fiction’s mission is to explore the unknown, to imagine new possibilities, and to challenge the status quo. By incorporating economic ideas into its narratives, the genre can do more than entertain—it can inspire us to rethink our own world.

So, the next time you pick up a science fiction novel, pay attention to the economic systems at play. Are they reinforcing the status quo, or are they offering something radically different? Do they feel plausible, or do they challenge your understanding of what’s possible? And most importantly, do they make you question the system you’re currently bound to?

Because that’s the power of science fiction—and the power of economics: to show us that the world can be different, and to remind us that the future is something we can shape.


Objectivism Atlas Shrugged by Ayn Rand.


Anti-property anarcho-syndicalism, The Dispossessed by Ursula K. LeGuin


Ration stamps, enforced consumption, Midas World, Frederik Pohl


Wooden coins, The Dragonriders of Pern series by Anne McCaffrey


Sentient High-Frequency Trading algorithms, Accelerando by Charles Stross


Criminal economyWhen Gravity Fails by George Alec Effinger


OverpopulationStand on Zanzibar by John Brunner


Psychohistory, Asimov’s Foundation series.


The exchange of capital mediated by obs (obligations), The Great Explosion, by Eric Frank Russell