00:01What is a corporation?
00:04It is under the law a legal person.
00:07These are a special kind of person who have no moral conscience,
00:10designed by law to be concerned only for their stockholders.
00:14I just can't be personally responsible.
00:17Maybe you'd better incorporate.
00:18There are companies that make our lives better, and that's a good thing.
00:22The problem comes in the profit motivation.
00:25Liz Claiborne Jackets, $178, and the workers were paid $0.74.
00:29Nike assigns a time frame, 6.6 minutes to make the shirt.
00:32That means the wages come to three-tenths of 1% of retail prices.
00:35Of course they make a profit, and it's a good thing.
00:38In our search for wealth and for prosperity, we created something that's going to destroy us.
00:42I never gave a thought to what we were taking from the earth.
00:45I didn't have an environmental vision.
00:48In devastation, there is opportunity.
00:50When the September 11th situation happened, the first thing you thought about was,
00:54well, how much is gold up?
00:57You can manipulate consumers.
00:59Is it ethical?
01:00I don't know.
01:01But our role is to move products.
01:03It's always going to be there, so you may as well have faith in it.
01:06There are those who intend that one day everything will be owned by somebody.
01:11Within less than 10 years, a handful of global companies will own directly or through license
01:15the actual genes that make up the evolution of our species.
01:19I said, you know, this is news.
01:21This is stuff people need to know.
01:23And he said, we just paid $3 billion for these television stations.
01:27The news is what we say it is.
01:31Capitalism today commands the towering heights and has displaced politics and politicians
01:37as the new high priests and reigning oligarchs of our system.
01:40Does there need to be some measure of accountability?
01:42Yes.
01:43And I think the business community recognizes that.
01:45Okay, guys, enough bulls**t.
01:47Thank you.
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