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Raj Patel: Cap, But Don't Trade

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Uploaded by on Jan 25, 2010

Complete video at: http://fora.tv/2010/01/06/Raj_Patel_The_Value_of_Nothing

Raj Patel, author of The Value of Nothing, assesses the effectiveness of cap-and-trade legislation. He argues that the trading aspect of the system benefits "big polluters and even bigger banks" at the expense of consumers, but that placing a legislative cap on pollution has been a success.

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If economics is about choices, who gets to make them? Activist and academic Raj Patel says that prices often mislead us, and he reveals the "hidden costs" of goods. To demonstrate his argument that the free market and corporations distort price and value, Patel suggests that the true price of a hamburger would be $200 if we factor in the hidden environment and health costs.

Patel offers a controversial critique of our present political system and argues that to understand our current economic crisis, we need to rethink our very meaning of democracy by re-balancing society and limiting markets. - Commonwealth Club of California

Raj Patel holds a doctorate in Sociology from Cornell University and has worked at the World Bank, World Trade Organization, and the United Nations. He is a writer and activist concerned with land reform politics, development studies, and food sovereignty. He authored Stuffed and Starved: The Hidden Battle for the World Food System.

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  • Never trust a Retarded Liberal

  • He seems tyred :( Keep up doing whatever you're trying to accomplish :) I' rooting for this bstrd !!! Listen to what Dr. Vandana Shiva has to say also .. Very clever stuff

  • To the gullible, this is just another way to install communism.

  • pourkoi il begaye

  • @neilzep

    good talking

  • He looks/sounds normal to me ....maybe you psychos are the antichrist.

  • Evil has revealed himself = Raj Patel Antichrist, Maitreya

  • @MsMissin Obama is the first black president who will not be president again

  • omg how mnuch he utter its sickness stop utter like fucking mongolian idiot

  • @MsMissin I have a long list of reasons, most of them pertaining to the occult significance and symbolism placed around him by Babylon. His mother's name, how she was sacrificed, his birthdate, ect...

    Why do you think it's Obama?

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