I thought that I had read only the first chapter when I wrote that last post. It actually covered two chapters.
The third chapter is titled "The Planetary Hangup". O'Neill begins to list the shortfalls of colonizing other planetary bodies. The lack of atmosphere of the moon and Mars, the extraordinary heat of Venus, their common deep gravity wells, and the lack of territory.
He lists the advantages of space: easy transit, unlimited energy source from the sun, and practically unlimited living space and resources.
Note: I am interested in the nuts and bolts on his proposal on how to do this. He is getting there.
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