McKibben’s Divestment Tour – Brought to You by Wall Street | Part XII: Building Acquiescence for the Commodification of the Commons Under the Banner of a “New Economy”
This is a new mechanism for generating profits for the wealthy (those with financial capital on the top tier) via the global commodification of nature's functions and services. In essence, the implementation of payment for ecosystems services represents an unprecedented coup: a privatization of the commons.