Subspace Explorers

Infobox Book
name = Subspace Explorers
title_orig =
translator =

image_caption = Dust-jacket from the first edition
author = Edward E. Smith
illustrator = Roy G. Krenkel (frontispiece)
cover_artist =
country = United States
language = English
series = Subspace
genre = Science fiction novel
publisher = Canaveral Press
release_date = 1965
english_release_date =
media_type = Print (Hardback)
pages = 278 pp
isbn = NA
oclc = 1234616
preceded_by =
followed_by = Subspace Encounter

"Subspace Explorers" is a science fiction novel by E. E. "Doc" Smith. It was first published in 1965 by Canaveral Press in an edition of 1,460 copies. The novel The novel is an expansion of Smith's story "Subspace Survivors" which first appeared in the July 1960 issue of the magazine "Astounding".

Plot introduction

It is essentially in three overlapping parts:
* A space catastrophe and its results
* The discovery and scientific study of psionics
* A war between a bunch of corrupt shortsighted people (including Labour, politicians, Soviet-style communists and greedy capitalists) and a bunch of people who can see a bit further than that (mostly tradesmen, professionals, and businessmen)

The war

The principle of enlightened self-interest

The principle of enlightened self-interest is a philosophy that has been kicking around for hundreds of years.

In the course of the book, Doc Smith extends this priciple into an economic formula used for calculating profits and bonuses. After describing a deadly planet-wide strike, he discusses the ensuing development of this economic principle.

: Capital must make enough profit to attract investors, and wants to make as much more than that minimum as it can. Labor must make a living, and wants as much more than that minimum as it can get. Between those two minima lies the line of dispute, which is the locus of all points of reasonable and practicable settlement. Somewhere on that line lies a point, which can be computed from the Law of Diminishing Returns as base, at which Capital's net profit, Labour's net annual income, and the public's benefit, will all three combine to produce the maximum summated good.

Later, he says:

: Every employee, from top to bottom, received an annual basic salary plus a bonus. This bonus varied with the net profit of the firm, and each employee's actual ability.

References

ee also

* Incentivisation
* Meritocracy

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