Click here if you wish to access the source of this 7:34m video or the transcript of the interview with Patrick Bond of South Africa regarding the topic.
Bond offers his observations about the pitfalls of putting a price on nature and its resources as has been advocated by some green environmentalists and attempted with poor results by markets in carbon trading schemes. The source of this problem is that our global economy is overwhelmingly directed by private interests who are addicted to short-term profits and power.