Episode Transcript
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0:00
ABC Listen, podcasts,
0:02
radio, news, music
0:05
and more. One
0:19
of the criticisms levelled at patriotism is
0:22
that it can create environments that are
0:24
all us against them. That
0:27
it's not about promoting inclusivity. But
0:29
it doesn't have to be that way. It
0:32
seems it's still possible to have a
0:34
type of patriotism that's about the social
0:36
good, the commonwealth. Take
0:39
this guy for instance from the group
0:41
Patriotic Millionaires. We have
0:43
several hundred members, wealthy people, mostly
0:46
here in the United States. And
0:49
basically we have figured out
0:51
that gross inequality is not
0:53
good for anybody, including the
0:55
rich people. And
0:57
it's unsustainable. And
0:59
we're very concerned that inequality
1:02
getting worse is making
1:04
our whole society unstable. And
1:07
we're trying to change policies
1:09
in our country to do
1:11
something about that and to
1:13
stop it before frankly everyone
1:15
gives up on liberal democracy.
1:18
His name is Morris Pearl and
1:20
he's a former managing director of
1:22
the giant investment company BlackRock. He
1:25
now chairs the Patriotic Millionaires and
1:27
he and his mega rich colleagues
1:30
are demanding they be taxed more.
1:33
A whole lot more. Hello
1:37
Anthony Fennell here with an episode
1:39
of Future Tense that's about rethinking
1:41
society's relationship with both wealth and
1:44
the wealthy. Now we'll come
1:46
back to Morris in a few moments. But
1:48
let's first remind ourselves just
1:50
how unequal Western societies have
1:52
become. Future
1:54
Business Jean-Etienne Jullier. Duel
2:00
between the Ceo of an organization
2:02
and dummy June. Pay in the
2:05
same organization was about twenty to
2:07
one. In the nineteen sixties, a
2:09
ratio was about twenty two one.
2:12
Know. Days it's about four hundred
2:14
to one. And they all
2:17
organizations in which to see you
2:19
makes about a thousand times in
2:21
one year. What? The median worker
2:24
in the same organization makes some of
2:26
you might recognize all attend voice from
2:28
our recent look at the perils of
2:30
managerial isn't if you haven't already heard
2:32
it, you might want to take it
2:34
out online. Now a
2:37
disparity in pay a one thousand
2:39
to one is staggering, but it's
2:41
more common than you think, and
2:43
all indications are that the wealth
2:45
gap will continue to rise. So
2:48
if we accept that financial inequality
2:50
does inside put a strain on
2:52
society and could have disastrous huge
2:54
consequences, well the question then is
2:56
how best to deal with it.
2:59
Let's start with the recognition that
3:01
money begets power, and power begets
3:04
attention. Rich people as
3:06
as some people say, influence on
3:08
lease a access to our political
3:10
leaders than do most people and
3:13
I'm going off to meetings. was
3:15
in a senior members of our
3:17
government's fairly regularly and I'm not
3:19
really any smarter than the next
3:22
guy. Somehow people listen to me
3:24
more because I'm in the top
3:26
under two hundred on the. List.
3:29
Of political donors And that's
3:31
a sad truth, sad reality.
3:33
So yes, we've been trying
3:35
to organize rich people. So.
3:37
That we can go into our
3:40
two sons' offices and tell them
3:42
look more actual businesspeople, actual investors,
3:44
actual political donors to though we
3:47
don't be like, say that part
3:49
out loud. And they listen
3:51
to us And the message to the
3:53
patriotic millionaires a came to posts is
3:55
that taxation shouldn't be seen as a
3:58
burdens. it's the means by which. Fund
4:00
genuine liberal democracy. We
4:03
are talking about changing the tax
4:05
system so that rich people pay
4:07
at least the same rates percentage
4:09
of their income in taxes as
4:11
do people at work. for living
4:13
we talking about seems in the
4:15
minimum wage to make a fire
4:17
so that minimum wage people can
4:19
afford to be no meet their
4:21
basic needs and we talk about
4:23
changing the campaign finance system. Some.
4:26
Parts United States including New York
4:28
where I live as systems for
4:30
local campaigns like for mayor and
4:32
offices like that where they collect
4:34
small donations and the campaign finance
4:36
system matches those donations six to
4:38
on or eight to one and
4:40
we talked about getting a system
4:42
like that for whole country so
4:44
that politicians running for office and
4:46
said have signed in one person
4:48
of new from thousands of dollars
4:51
they can talk to a lot
4:53
of people give them like a
4:55
hundred dollars each. And actually get
4:57
more money that way. And we
4:59
think that would result in a
5:01
much better system. When the idea
5:03
of tax reform vertically regarding the
5:05
rich is mentioned this often they
5:07
can to claim that look this
5:09
is rarely the politics of envy
5:11
given that you guys are rates
5:14
that proves that not everybody is
5:16
envious that three times can be
5:18
what he does I would yes
5:20
exactly why I can't speak for
5:22
everyone else but our group is
5:24
not and be at all. It's
5:26
more fear that people are going to
5:28
give up on the system eventually as
5:31
they see the rich getting richer and
5:33
richer and richer and they have no,
5:35
oh. Basically. All the
5:37
rich people are people who are
5:39
already rich when they were born.
5:42
And were just of our societies to
5:44
speed divide the pieces. Rich
5:46
people who owes be rich. And
5:48
people who worked for living whose children
5:50
by children will also have to work
5:53
for living. Even. at the
5:55
richest among us speak famous
5:57
entrepreneurs like mark zuckerberg or
5:59
eli Musk, there are people
6:01
who basically were able to start
6:03
companies because they were rich the
6:05
day they were born. And
6:08
that opportunity just doesn't exist for so
6:10
many. And we need to
6:12
change our system before the many just
6:14
kind of give up and say they're
6:16
not going to cooperate anymore. And
6:19
anarchy would be an improvement. The
6:21
interconnected global nature of
6:24
business in the 21st century, does
6:26
that make it more difficult to
6:29
rein in the rich? I mean, it opens
6:31
up the opportunity for them to simply move
6:33
their assets offshore, doesn't it? It
6:36
could. It's not as big a problem in the United States. Here
6:39
in the United States of America, people are
6:41
moving into our country, not moving out of
6:43
our country, because most people would rather have
6:45
their assets here in the United States than
6:47
in most other parts of the world. But
6:50
yeah, you're right. It would be
6:52
very difficult to do something like this in
6:54
France. You know, they have borders
6:56
of similar countries all over their country. You
6:59
know, that's why they tried a wealth tax plan and
7:01
it wasn't as successful as it should have been. That's
7:04
why we're also talking to
7:06
people about having a common
7:09
system. For instance, the
7:11
G20 meeting in Rio de Janeiro, a
7:13
bunch of countries have agreed to have
7:16
a minimum tax on the
7:18
very wealthy people. And
7:20
that is a starter. Is it going to pass? Probably
7:24
not. But it's a start in
7:26
the right direction. They did do something similar
7:28
for a minimum corporate tax a few years
7:30
ago. So yeah, we
7:32
do think that some kind of
7:35
coordination around the world is necessary.
7:37
That's why we have people
7:39
in the United Kingdom, Canada, and
7:41
we're talking to people like you. And
7:44
the fact that you've had that kind of
7:46
interest that shows that global support for a
7:48
proposal like this is theoretically possible. Yes. It
7:51
is possible. Do you see...
7:53
I mean, it's the issue about individuals
7:55
and corporations. Does the tax that both
7:57
pay have to be taken care of?
8:00
into account? I mean, corporations are
8:02
just groups of individuals, really. I
8:04
mean, yes, they're separate legal entities,
8:06
but I mean, they're not really
8:09
distinguishable from their owners, in my
8:11
view. So yes, I
8:13
mean, whether something is in a corporation
8:15
or a person or an artificial person
8:18
or a natural person, yes. If people
8:20
are making money, and we define making
8:22
money liberally as people are becoming more
8:25
rich than they were before, they should
8:27
pay some amount of tax on that
8:29
increase in their riches. So
8:32
many people, like, for instance, Elon Musk,
8:34
who owns Tesla and whatever they call
8:36
Twitter now, he's one of the wealthiest
8:38
people in the world, but he doesn't
8:40
pay much income tax. And
8:42
the reason is, he doesn't have any
8:45
income the way we narrowly define
8:47
income here in our country. He's
8:49
becoming richer and richer and richer by billions
8:52
of dollars a year. But
8:54
that's not considered income. He doesn't
8:56
get a paycheck. So what we
8:58
need to do, I think, is
9:01
define income more inclusively. So
9:03
if people make money by
9:05
their companies they own becoming
9:07
more valuable, that also will
9:09
count as income and be
9:11
taxable. Morris Pearl, chair of
9:13
the board of the Patriotic Millionaires, joining us
9:16
there from New York. Now,
9:20
that idea of clarifying and redefining what
9:23
is meant by income, for the purposes
9:25
of taxation, is also an
9:27
idea pushed by Dutch philosopher Ingrid
9:29
Robanes. She spent the
9:32
last decade or so working on
9:34
an approach to wealth which she
9:36
calls limitarianism. We need
9:38
to think about how we organize
9:40
society. So that is at the
9:42
political, organizational level. And there I
9:44
think we need to reduce inequalities
9:46
such that wealth concentration becomes far
9:49
less. This also entails
9:51
something like concrete measures such
9:53
as a tax regime. In addition
9:55
to that, there's also
9:57
an ethical sphere, a sphere
10:00
of what we as individuals
10:02
decide to do. So even
10:04
if society, the way we've organized
10:06
society, is not limiting inequality, we
10:09
still have moral agency
10:11
as individuals to decide what to
10:13
do with that money. So there's
10:15
the political level, which also includes
10:17
the fiscal level, but there's then
10:19
also the moral level,
10:21
the ethical level. So at
10:24
its most basic, the limitarian idea involves
10:26
saying to all members of society that
10:29
while you can aspire to wealth and
10:31
gain wealth, there should be a limit,
10:33
a limit determined by society. And
10:36
any money you make above that
10:38
determined amount, well, that excess wealth
10:40
should then be forfeited to the
10:42
state to fund society's overall needs.
10:46
In her recently released book, Limitarianism,
10:48
The Case Against Extreme Wealth, Dr.
10:51
Obaints sets that limit at
10:53
around US$10 million, but she's
10:55
quick to make the point
10:57
that that's just a ballpark
10:59
figure. It could be higher
11:01
or lower depending on each
11:03
country's unique economic circumstances. Now,
11:06
aside from that state-imposed maximum
11:09
limit, Dr. Obaints
11:11
also encourages people to voluntarily
11:13
set their own individual wealth
11:16
cap. And for the sake
11:18
of debate, she argues that in countries
11:20
with a proper functioning safety net, that
11:22
figure could be around about the US$1
11:25
million mark. So the
11:27
political limit is a trade
11:29
over balance between, on the one hand, the
11:32
number at which wealth no longer harms
11:35
society. So you can no longer
11:37
use your wealth to buy democracy
11:39
or buy politics and disproportionately harm
11:41
the ecosystems of the planet. But at
11:44
the same time, you allow for enough positive
11:47
incentives on the market so that innovators
11:49
will keep innovating. That is the balancing
11:51
you do with the political limit. The
11:54
ethical limit, it's a different thing. It's really
11:56
a question that each person should ask themselves
11:58
and they should ask themselves. When is
12:00
it enough for me? How much do I
12:02
need and what can I do in
12:05
terms of alleviating
12:07
suffering by others or contributing
12:09
to collective action problems such as
12:11
climate change or Strengthening democracy
12:13
given that I have much more than I
12:16
need So those are two different
12:18
types of reasonings and they come with a
12:20
number The reason I give those numbers
12:22
in the book and I totally accept that
12:24
they're that definitely the political
12:26
number is arbitrary and the ethical number
12:28
that I propose is really taken from
12:31
the context of the Netherlands, which is
12:33
a specific context those numbers are
12:36
definitely not like strongly Supportant
12:39
but the reasoning
12:41
is important So I would hope
12:43
that we can have debates in all society
12:46
and also international on how
12:48
much is enough I should be
12:50
at some point just say this is too much.
12:52
That's the kind of debate I'm hoping
12:54
to contribute to with the book that
12:56
I wrote So limitarianism is a philosophical
12:58
and ethical idea as much as it
13:01
is a plan for economic reform And
13:03
it's already prompting debate Maybe
13:07
the 14th finance minister Jean Baptiste
13:09
Colbert who said the art of
13:11
taxation Consists in plucking the
13:13
goose so as to get the largest amount
13:15
of feathers with the least amount of hissing
13:18
He didn't add unless it's a
13:20
big goose in which case strangle it
13:22
Robert Guest the deputy editor of The
13:24
Economist And as you can probably tell
13:26
he's not a fan Step back
13:28
a moment and ask what is the
13:31
purpose of taxation? Is it to pay
13:33
for public services like, you know hospitals
13:35
and schools and roads and help for
13:37
the people who can't help themselves Or
13:40
is it to achieve some outcome
13:42
some ratio of some people's income
13:44
to others? I'd say the important
13:46
thing about taxation is that you
13:49
want it to pay for public
13:51
services And if you fetishize
13:53
the idea of cutting the rich down
13:55
to size you're actually going to raise
13:58
less money and public
14:00
services. Why is that? Why would taxing
14:02
the rich more or putting a limit
14:04
on income, why would that lead to
14:06
less money for public services? The
14:09
idea that the rich should pay more
14:11
than other people is widely accepted, but
14:14
the idea that beyond a certain level you
14:16
should take 100% of
14:18
their income is absurd. There are
14:20
a number of countries, about five
14:22
according to a study income by
14:24
Jacob Lundberg of Uppsala University, where
14:26
you've already got to the stage
14:28
where the tax rates are so
14:30
high that they're raising less money
14:32
than they would be if they
14:34
were lower, because rich people are
14:36
either not working as much or
14:39
dodging taxes or moving their activities
14:41
to other countries. If
14:44
you had a rate or a series of policies,
14:46
as I believe Ingrid Robins advocates,
14:49
that add up to roughly speaking a
14:51
100% tax rate, then
14:53
once people have got to that
14:55
level, they have no incentive to
14:57
do any more work. This
15:00
means that you're highly productive
15:02
people. We're talking not
15:04
just plutocrats, but surgeons and engineers
15:06
would have to stop working, or
15:08
they wouldn't get to keep any
15:10
of what they produce. The
15:13
incentives for entrepreneurs are even worse, because
15:15
if you have a great idea that's
15:17
going to make other people's lives better
15:19
and they're going to pay for it,
15:21
quite often you have to borrow money
15:23
upfront in order to build a factory
15:25
to produce your bed and mouse trap.
15:28
The risk of that falls on you. If your
15:30
idea fails, you lose your house. Under
15:33
a system where there's a tight tap on
15:36
how much money you can accumulate over your
15:38
lifetime, the risk still falls
15:40
on you. If your idea doesn't
15:42
work, you lose your house. The
15:45
vast majority of the upside goes to
15:47
someone else. If it's a big project
15:49
that requires lots of capital upfront, like
15:51
say Windfarm or a chip factory, you
15:54
get to the stage where almost no private investor is
15:56
able to take that risk at all. Then
15:58
you'd end up with just government. these things.
16:01
I mean, you're basically saying that
16:04
no individual can try to build
16:06
anything big and that
16:08
has a huge dampening effect on incentives.
16:11
Yes, so I think there are at least
16:13
two responses. One is when we
16:15
still had a more capable government,
16:18
the government actually did a lot of
16:20
those risk investments. It was not a
16:22
company that put a man on the
16:24
moon, as the economist Mariana Matsukato has
16:27
shown, it was the government,
16:29
the people also, who said, okay, we
16:31
want to have a man on the
16:33
moon. And that ambition triggered a whole
16:35
lot of innovations that we're still profiting
16:38
from today. So Mariana Matsukato, who is
16:40
a professor of economics of innovation
16:42
in London, she argues for what
16:44
she calls an entrepreneurial state,
16:46
where collectively we try to,
16:49
for example, develop vaccines and
16:51
do all these things that benefit the
16:54
whole of the population. So that's
16:56
one response that there is another
16:58
entity that could make those investments. The
17:01
other is it's assumed
17:03
that the possible profits
17:05
that investors should have
17:07
access to are endless, are
17:10
limitless. But there's no evidence for
17:12
this. And if you have
17:14
a different fiscal system and you
17:16
have different regulations, then the
17:18
profits will become lower. But
17:21
they were lower in many decades in the
17:23
past. And it's not as if there was
17:25
any less innovation. So I just
17:28
wonder to what extent this
17:30
is an argument based on
17:32
evidence or whether it is
17:34
just basically an expression of
17:36
this belief in our culture
17:39
ideology, that the sky must be
17:41
the limit in order for people
17:43
to be motivated to be investors.
17:45
But everybody has different motives. So
17:47
of course, we want positive incentives.
17:49
We want people to be rewarded
17:51
for what they do. But there's
17:53
no reason in human nature why
17:55
this reward should be endless. The
17:57
reason why some motivated
18:00
by very, very large gains
18:02
is because wealth has this
18:05
role of signaling status versus
18:07
another person. So it becomes a
18:09
status issue. There is actually
18:12
an American entrepreneur and a billionaire, Nick
18:14
Hanauer, who interviewed me and he also,
18:16
he was very firm that he said
18:18
it's purely a status issue. Once you
18:20
have so much wealth, it's
18:22
really what do I have versus the other person?
18:25
But that is a never ending rat race. And
18:28
if that never ending rat race
18:30
harms society and actually deprives the
18:32
public from resources they need for
18:35
say climate adaptation or poverty relief,
18:38
then it is a rat race that is
18:40
not just I think psychologically harming the super
18:42
rich who are always looking at the other
18:44
person, but it's harming all of society.
18:47
And finally, let's go back to
18:49
multimillionaire Morris Pearl from the group
18:51
Patriotic Millionaires. What
18:54
does he think of the limitarian approach to
18:56
capping wealth? We've not
18:58
advocated 100% tax for anybody. We
19:01
have advocated 90% tax on people
19:03
above a certain level. So
19:05
we're close to agreement. I don't
19:08
think there should be an absolute maximum
19:10
on how wealthy somebody should be. Michael
19:12
Bloomberg owns a company worth nothing the
19:15
day that he founded it and is
19:17
worth tens of billions of dollars now.
19:19
That doesn't mean he's a bad person.
19:22
That means that he owns a company that
19:24
became immensely valuable. People can
19:26
become more wealthy. And I think
19:28
that's OK. It's just they
19:31
should pay a high percentage of
19:33
their income as taxes and a
19:35
higher percentage as they become more
19:37
and more wealthy. But I don't think that would go quite
19:39
to 100%. Morris
19:41
Pearl. And a final thought before
19:43
we leave this topic, picking up on Mr. Pearl's mention
19:46
of a 90% tax on the earnings
19:48
of the super wealthy. Out of
19:50
interest, what exactly would that look like? Well,
19:53
here's something to ponder. If
19:55
you impose that level of taxation on
19:58
either Amazon's Jeff Bezos or Elon
20:00
Musk for instance, at the end of
20:02
the day, well, at the end
20:04
of the day, they'd both still
20:06
be multi-multi-billionaires. Speaking
20:13
of mega-rich tech titans, our next
20:15
guest, writer and technology thinker Maria
20:17
Farrell argues their wealth
20:19
and dominance risks cruelling our
20:21
future. Too few companies
20:24
and organisations are now involved in
20:26
shaping, regulating and improving the internet
20:28
she argues. And as
20:31
a result, the internet ecosystem is sick
20:34
and needs a good rewilding. So
20:37
the reason that we describe our online
20:39
environment, the social media and the spaces
20:41
that all of us know so well
20:43
as plantations, rather than the ecosystems that
20:45
their owners sometimes refer to them
20:47
as, is really because they are
20:49
all about extraction and control.
20:52
So you don't really have any choice about the
20:54
terms of reference in Facebook. And you certainly don't
20:56
have a choice about what kind of content gets
20:59
shown to you on Instagram. That's
21:01
the control part, but there's the extraction
21:03
part, which is it's all about extracting
21:05
your data and it's all about extracting
21:08
your time, your concentration, your engagement. And
21:10
you say that in that sense, then internet
21:12
users are treated almost like battery chickens. I
21:15
think internet users are treated like battery chickens
21:17
in that they are shoved into an incredibly
21:20
confining space, not for their own interests, but
21:22
for the interests of the people who own
21:24
the space. And they're shoved
21:26
in so close and subjected to such
21:28
unnatural pressures and strains that they start
21:31
behaving in ways that are clinically
21:33
quite mad. They peck each other to
21:35
death because it's such an aggressive, unnatural,
21:38
unpleasant environment to be in. That's
21:40
why we say these online spaces are more like
21:42
battery farms than anything else. Now we
21:44
know that the online environment is extremely
21:47
concentrated, but you argue, don't you, that
21:49
we don't appreciate just how deep that
21:51
concentration runs. Yeah, the internet is
21:53
a bit of an iceberg really, because you can
21:55
see the visible bits that we can all see
21:57
the Facebooks, the Googles, the Amazon web services.
22:00
But what you not really seeing is
22:02
the a massive. Amount of concentration
22:04
of the infrastructure of below
22:06
the waterline so. When you
22:08
actually look at it, you realize
22:10
that undersea cables and protocol and
22:12
arms the pipes. No worries that
22:15
we actually used to get our
22:17
internet the advertising infrastructures that supported
22:19
the owners of the browsers. That
22:21
we use who basically only used to
22:23
browsers worldwide. Most people, they're incredibly
22:25
concentrated and controlled by really only two
22:28
companies at each level. So what you
22:30
see is not a really diverse environment,
22:32
but something that is a duopoly. so
22:35
basic, like a monopoly. but. Just with
22:37
two companies controlling everything globally. which
22:39
brings us to your call for
22:41
the revolving of the Internet. Now revolving
22:43
is an ecological term. Why employ
22:45
that time? In this context, there
22:47
are different approaches to rebuilding. But the
22:50
basic idea is that you want to
22:52
have diversity because it gives you resilience
22:54
so a flourishing. Ecosystem. It's own thoughts of
22:56
different. Kinds of behaviors, Different species, different
22:59
tactics and week. Think that's where
23:01
the Internet needs. It needs to
23:03
have different kinds of owners. Of
23:05
infrastructure but also. Different kinds of
23:07
business models for how we provide the
23:09
internet at every level. Because when you
23:11
think that realizing the internet it's basically
23:14
saying look, having to to companies at
23:16
every level be too awfully controlling everything
23:18
with none of us having any choices.
23:20
That's pretty daft. It's incredibly fragile. Number
23:22
one, if anything goes. Wrong with those companies
23:25
and sometimes it does. You're in trouble. But.
23:27
Number Two were looking at an environment
23:29
where most of the tech companies in
23:31
the world that we rely on our
23:33
American Thera headquartered in the Us and
23:35
this November we could see. A fascist
23:38
leadership coming into the Us. How
23:40
does your infrastructure look and feel
23:42
to you? If you're thinking by
23:44
the fact that it is now a bore
23:46
by the extreme or right leader in a
23:48
very specific. Country it all looks and feels
23:51
a bit different. so. That's kind of,
23:53
or we feel there's almost. There
23:55
are certain evangelical need, an existential.
23:57
Need to diversify the Internet
23:59
said. We got different choices, different possibilities,
24:01
and different logic of control and we should
24:03
remind us of that. It wasn't always like
24:06
this. So how do we get into the
24:08
situation? We. Started off with an internet that had
24:10
diversity at what we call the players and layers
24:12
so you had different owners have different levels of
24:14
the internet because it's it's really it's a bit
24:16
of let the like it a Tetris. Game. It's
24:18
got different kind of shapes of infrastructure at
24:21
each level, all the way up and down.
24:23
and we started off with loads of diversity,
24:25
threat, the sack of different services and infrastructure,
24:27
and overtime. And especially in the last
24:29
fifteen years, the companies who came out
24:31
on top in social media in. Search
24:34
the Googles, the face books, and slightly
24:36
more recently the Amazons. They started to
24:38
say look, we don't want to, just
24:41
control is hop It's that everyone can
24:43
see. We need to control all of
24:45
the infrastructure beneath. And that's because
24:47
if he wants to control the environment, going
24:50
for it for ten, twenty, a hundred years
24:52
to do that, you want to make sure
24:54
you control. Everything that determines the environment.
24:56
They've been using these once in a
24:58
lifetime. Profits that they made to to
25:00
bite out in spelled it out and.
25:02
To ensure their control last for decades if
25:05
not a century and of picking up on
25:07
that point that dominance that exists today. Is
25:10
going to cite the kindest internet? The
25:12
kind of online communications that we have
25:14
in the future? Isn't that because those
25:16
who have power are unlikely to give
25:18
it up? So. Right now the must
25:20
have concentration and control of all of the
25:22
internet. Infrastructure by a tiny number of
25:24
companies is incredibly powerful, but we do
25:26
have a chance to stop it right
25:28
now. and it's urgent. It's extremely urgent
25:30
so if we don't stop that control
25:32
be don't break them Asked. If we
25:35
don't insist that there are different competitors
25:37
at different levels and how we to
25:39
the internet, and yes, we will be
25:41
stuck with the same people in charge
25:43
for a century and it's gonna be
25:45
different century. For Humanity as we all
25:47
know, so it's really important. That we
25:49
have openness and different kinds of ways
25:51
to connect to each other, to find
25:53
information to communicate and organize. That's why
25:56
it's. Absolutely it's sort of
25:58
species. Level Urgency. That
26:00
we need to break up the consolidated
26:02
internet and make it open and free.
26:04
Rebuilding the internet is a reliable metaphor,
26:06
but isn't visit really more than that?
26:09
When we speaking about the online world,
26:11
thought power that does his metaphor has
26:13
in kind of shaping those forces. So.
26:16
That we wanting the internet metaphor is
26:18
it. It gives us a bunch of
26:20
things. First of all, it allows us
26:22
to see that these online habitats that
26:24
we are expected to do live without
26:26
quibble with a query. Without. Any
26:28
control. Are extremely bizarre,
26:31
And damaging. And it. let's see that
26:33
in any way. But I think what's
26:35
most important by this is that like
26:37
any kind of habitat that we want
26:39
to repair, restore. You have to
26:41
care about the habitat. First, you have to realize
26:43
that it's important and it's. It's important to
26:45
us individuals and it's important to collectively to
26:47
live in a place that is clean and
26:50
healthy and free. And so I
26:52
think we was in. The internet allows us
26:54
to. Feel. Differently to come together
26:56
collectively in to organize because it gives
26:59
us a sense of positivity and constructive.
27:01
This that yes okay the internet is
27:03
a complete mess, but yes also humans
27:06
know how to restore habitats. We know
27:08
how to were together. This is something
27:10
that we've already been doing and they
27:12
think it's something that people in technology
27:15
and people in government can learn from.
27:17
Ecologists. Because. He colleges don't just have
27:19
a skill set of hate Restore Habitats. They've.
27:21
Had to have emotional resilience, an
27:24
ability to organize anything that is
27:26
something that is a superpower on
27:28
it's something. We're all going to eat
27:30
and years to come and look into
27:32
the future. Entered adopting a positive outlook,
27:34
What would a rewarded internet actually look
27:37
like? So. Everyone that internet is
27:39
going to look and feel so different to
27:41
the internet we have right now for stars.
27:43
I think it's going to be a place
27:45
where on that divisible social media kind of
27:47
level, a place where we can be together,
27:49
but separate where we're not all herded into
27:51
the same maddening factory. Farms and bombarded
27:53
with this information and horrible kind
27:55
of aggression and the awful stuff
27:58
pc going on i think. This
28:00
before have you can be with family
28:02
and friends you can be with. Professional
28:04
to if you can make different choices. At
28:06
different times and different moments in the day. And
28:09
you can bring your data with you. You
28:11
can be part of different communities so you
28:13
basically can operate a lot of choice. I
28:15
think that's the main difference where it it looks
28:17
and feels differently and you're not getting bombarded and
28:19
you're not, sort of. You don't always have this
28:21
horrible niggling guilt that of the social media is
28:24
an awful space, but I can't. Do anything bad,
28:26
it on kind of stuck citing. Freedom
28:28
and choice. Or just a
28:30
darling down the day to
28:32
day unpleasantness and coercion. Is going
28:34
to make it look and feel so different to
28:36
what we have now Are will link to your
28:38
recent article on this topic on the Future Tense
28:40
website. Thank you very much for joining us. And
28:43
you Anthony. Under pretense for another
28:45
week thanks to my co produce a current
28:47
event of it's and thank you for listening
28:50
in on. Don't forget to follow us on
28:52
the I basically some app I'm at for
28:54
know until next time. She's.
28:58
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