“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.”
They sat by the big tree’s trunk. The sun was cutting under the low clouds, and everything was turning the color of the roses. “You live in a beautiful place,” Art said.
Fort didn’t appear to hear him. He was looking up at the underlit clouds billowing overhead.
After a few minutes of this contemplation he said, “We want you to acquire Mars.”
“Acquire Mars,” Art repeated.
“Yes. In the sense that I spoke about this morning. These national-transnational partnerships are the coming thing, there’s no doubt about it. The old flag-of-convenience relationships were suggestive, but they need to be taken further, so that we have more control over our investment. We did that with Sri Lanka, and we’ve had so much success in our deal there that the other big transnats are all imitating us, actively recruiting countries in trouble.”
“But Mars isn’t a country.”
“No. But it is in trouble. When the first elevator crashed, its economy was shattered. Now the new elevator is in place, and things are ready to happen. I want Praxis to be ahead of the curve. Of course the other big investors are all still there too, jockeying for position, and that will only intensify now that the new elevator is up.”
“Who runs the elevator?”
“A consortium led by Subarashii.”
“Isn’t that a problem?”
“Well, it gives them an edge. But they don’t understand Mars. They think it’s just a new source of metals. They don’t see the possibilities.”
“The possibilities for . . .”
“For development! Mars isn’t just an empty world, Randolph— in economic terms, it’s nearly a nonexistent world. Its bioinfrastructure has to be constructed, you see. I mean one could just extract the metals and move on, which is what Subarashii and the others seem to have in mind. But that’s treating it like nothing more than a big asteroid. Which is stupid, because its value as a base of operations, as a planet so to speak, far surpasses the value of its metals. All its metals together total about twenty trillion dollars, but the value of a terraformed Mars is more in the neighborhood of two hundred trillion dollars. That’s about one third of the current Gross World Value, and even that doesn’t make proper assessment of its scarcity value, if you ask me. No, Mars is bioinfrastructure investment, just like I was talking about. Exactly the kind of thing Praxis is looking for.”
“But acquisition . . .” Art said. “I mean, what are we talking about?”
“Not what. Who.”
“Who?”
“The underground.”