Would the Free Market Allow for Jurassic World?

Let’s be honest, who wouldn’t be willing to sell their non-vital organs to see a dinosaur in real life? Since the closest we can come is on a digital screen, it isn’t too surprising that Jurassic World has been such a box office success.

It has become the third-highest grossing film of all time with $650 million domestically, and over $1.6 BILLION worldwide, trailing only James Cameron’s Titanic and Avatar.

With the film’s release this last week onto DVD and Bluray, it reawakens the question: Why haven’t we done this in real life? Aside from the gaps in the science of genetics which need to be conquered first, would a real-life dinosaur zoo be possible in a free market society?

According to a video produced by the Fandango sponsored “Jurassic Park Fansite” on YouTube, it would have an initial cost of $23 billion, along with a $12 billion a year operating cost. Of course this factors in several, extremely unnecessary, costs from the park(s) in the films, which could be cut.

First of all, it wouldn’t only be more expensive, but more inconvenient for potential dino-loving customers to travel all the way to Costa Rica to see a brontosaurus. Owning an entire island, in that part of the world, would be wholly unnecessary. Why not just steal the concept from “The Lost World: Jurassic Park” and build a domestic park in San Diego (minus the escaped tyrannosaurus rex)? Even though real estate prices are ridiculously high in southern California, it would easily be recouped in no time, with the already present tourist population there.

Even with this and several other unnecessary expenditures the video accounts for, it is undeniable that a gigantic dinosaur zoo would be one of the most expensive and ambitious projects ever. So, would it be worth it?

Yes, it would be a gigantic risk! Many modern zoos do not generate enough revenue from ticket sales and rely on donations. Some speculate that after seeing a dinosaur once, our modern generation would be easily bored and never go again. Also, there is the chance that the attractions could escape and eat the customers, which could result in the one lawsuit to rule them all.

It would take an investor (or investors) willing to take the risk, knowing the possible positive outcomes. Potentially millions of customers, willing to pay hundreds, if not thousands of dollars, would be willing to attend the park every year! Even if half of Americans only go to the park once, and only spend $200, that is $30 billion, compensating for the entire start-up cost estimated in the fansite video. In reality, this profit-motive would be reason enough for multi-millionaires and billionaires to throw endless money at this concept, should it become viable in the future.

I know the free market doesn’t allow for everything, including hover boards, flying cars, and giant mech suits (seriously those would be awesome). Also, we all know the government wouldn’t be able to resist making a dinosaur theme park a bureaucratic and legal nightmare! But I would still have hope.

Simply put, if free and independent people cooperated of their own free will, pending a genetic and biological breakthrough making the creation of formerly extinct species possible, then YES a Jurassic World would absolutely manifest in the United States!

Until that days comes, however, all we can do is continue fighting for free-market principles, while watching Chris Pratt and Bryce Dallas Howard run in slow motion away from genetically modified reptilian giants.

Advertisements

Comments

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s