1:01:00
So that means that they can
maintain employment
1:01:03
in periods of recession
1:01:05
which increases demand
1:01:06
which helps you
get out of recession.
1:01:09
Private companies cant
do that in a recession
1:01:12
throw out the work force cause
thats the way you make money.
1:01:15
There are those who intend
that one day everything
1:01:17
will be owned by somebody
1:01:20
and we're not just
talking goods here.
1:01:22
We're talking human
rights human services
1:01:25
essential services for life.
1:01:27
Education public health
social assistance
1:01:30
pensions housing.
1:01:34
We're also talking about
the survival of the planet.
1:01:40
The areas that we believe
must be maintained
1:01:44
in the commons
1:01:45
or under common control
or we will collectively die
1:01:48
Water and air.
1:01:51
Even in the case of air
theres been some progress
1:01:54
and that is the trading
of pollution permits.
1:01:58
And here the idea
is to say
1:01:59
look we cant avoid
the dumping of carbon dioxide.
1:02:02
We cant avoid the dumping
of sulphur oxides
1:02:05
at least we cant at the moment
afford to stopping it
1:02:07
so we're dumping a certain
amount of stuff
1:02:10
into the environment.
1:02:10
So we're going to say
with the current tonnage
1:02:14
of sulphur oxides
for example
1:02:17
we will say
that is the limit.
1:02:20
And well create
permits for that amount
1:02:22
and give them to the people
whove been doing the polluting
1:02:25
and now we will permit
them to be traded.
1:02:28
And so now theres
a price attached
1:02:31
to polluting the environment.
1:02:34
Now wouldnt it be marvellous
if we have one of those prices
1:02:36
for everything?
1:02:39
It sounds like youre
advocating private ownership
1:02:41
of every square
inch of the planet.
1:02:43
Absolutely.
1:02:44
Every cubic foot
of air water.
1:02:47
It sounds outlandish to say
1:02:50
we want to have the
whole universe
1:02:52
the whole of
the earth owned.
1:02:54
That doesnt mean I
want to have Joe Bloggs
1:02:57
owning this square foot.
1:02:58
But it means the interests that
are involved in that stream