Chapters (68)
- Title Page
- Dedication
- Contents
- Map
- Part 1: Areoformation
- Prologue
- 1
- 2
- 3
- 4
- 5
- Part 2: The Ambassador
- Prologue
- 1
- 2
- Part 3: Long Runout
- Prologue
- 2
- 3
- Part 4: The Scientist as Hero
- Prologue
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- Part 5: Homeless
- Prologue
- 1
- 2
- Part 6: Tariqat
- Prologue
- 1
- 2
- 3
- 4
- 5
- 6
- Part 7: What Is to Be Done?
- Prologue
- 1
- 2
- 3
- Part 8: Social Engineering
- Prologue
- 1
- Part 9: The Spur of the Moment
- Prologue
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- Part 10: Phase Change
- Prologue
- 1
- 2
- 3
- 4
- Epilogue
- Temperature Comparisons
- Bantam Books by Kim Stanley Robinson
- Copyright
“That’s what all this full-world thinking comes down to. So we’ve got to identify the new nongrowth growth markets, and get into them. Now recall that natural capital can be divided into marketable and nonmarketable. Nonmarketable natural capital is the substrate from which all marketable capital arises. Given its scarcity and the benefits that it provides, it would make sense according to standard supply/demand theory to set its price as infinite. I’m interested in anything that has a theoretically infinite price. It’s an obvious investment. Essentially it’s infrastructure investment, but at the most basic biophysical level. Infra-infrastructure, so to speak, or bioinfrastructure. And that’s what I want Praxis to start doing. We obtain and rebuild whatever bioinfrastructure has been depleted by liquidation. It’s long-term investment, but the yields will be fantastic.”
“Isn’t most bioinfrastructure publicly owned?” Art asked.
“Yes. Which means close cooperation with the governments involved. Praxis’s gross annual product is much larger than most countries’. What we need to do is find countries with small GNPs and bad CFIs.”
“CFI?” Art said.
“Country Future Index. It’s an alternative to the GNP measurement, taking into account debt, political stability, environmental health and the like. A useful cross-check on the GNP, and it helps tag countries that could use our help. We identify those, go to them and offer them a massive capital investment, plus political advice, security, whatever they need. In return we take custody of their bioinfrastructure. We also have access to their labor. It’s an obvious partnership. I think it will be the coming thing.”
“How do we fit in?” Sam asked, gesturing at the group.Diplomatic work! Art wrote in his lectern.
Fort looked at them one by one. “I’m going to give each of you a different assignment. I’ll want you to keep them confidential. You’ll be leaving here separately in any case, and going different places. You’ll all be doing diplomatic work as a Praxis liaison, as well as specific jobs involved with bioinfrastructure investment. I’ll give you the details in private. Now let’s take an early lunch, and afterward I’ll meet with you one at a time.”
• • •
He spent the afternoon wandering around the gardens, looking at the espaliered apple bushes. Apparently he was not early in the list of personal appointments with Fort. He shrugged at that. It was a cloudy day, and the flowers in the garden were wet and vibrant. It would be tough to move back to his studio under the freeway in San Jose. He wondered what Sharon was doing, whether she ever thought of him. Sailing with her vice-chairman, no doubt.
It was nearly sunset, and he was about to go back to his room and get ready for dinner when Fort appeared on the central path. “Ah, there you are,” he said. “Let’s go down to the oak.”