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'Thank you.'

I asked Godfrey for an orange juice in a beaker for Friday, took him out of his pushchair and sat with him on a nearby armchair to watch the proceedings.

'Item seventy-six,' said a small man wearing a Goliath-issue cobalt-blue suit, 'Antarctica. There has been a degree of opposition to our purchase of the continent by a small minority of do-gooders who believe our use is anything but benevolent.'

'And this, Mr Jarvis, is a problem because—?' demanded John Henry Goliath V.

'Not a problem but an observation, sir. I propose that to offset any possible negative publicity we let it be known that we merely acquired the continent to generate new ecotourism-related jobs in an area traditionally considered poor in employment opportunities.'

'It shall be so,' boomed the CEO. 'What else?'

'Well, since we will take the role of "eco-custodians" very seriously, I propose sending a fleet of ten warships to protect the continent against vandals who seek to harm the penguin population, illegally remove ice and snow and create general "mischief".'

'Warships eat heavily into profit margins,' said another member of the board. But Mr Jarvis had already thought of that.

'Not if we subcontract the security issue to a foreign power eager to do business with us. I have formulated a plan whereby the United Caribbean Nations will patrol the continent in exchange for all the ice and snow they want. With the purchase of Antarctica we can undercut snow exports from all the countries in the Northern Alliance. Their unsold snow will be bought by us at four pence a ton, melted and exchanged for building sand with Morocco. This will be exported to sand-deficient nations at an overall profit of twelve per cent. You'll find it all in my report.'

There was a murmur of assent around the table. The CEO nodded his head thoughtfully.

'Thank you, Mr Jarvis, your idea finds favour with the board. But tell me, what about the vast natural resource that we bought Antarctica to exploit in the first place?'

Jarvis snapped his fingers and the elevator doors opened to reveal a chef, who wheeled in a trolley with a covered silver dish on it. He stopped next to the CEO's chair, took off the cover and laid a small plate with what looked like sliced pork on it on the table. A footman laid a knife and a fork next to the plate along with a crisp napkin, then withdrew.

The CEO took a small forkful and put it in his mouth. His eyes opened wide in shock and he spat it out. The footman passed him a glass of water.

'Disgusting!'

'I agree, sir,' replied Jarvis, 'almost completely inedible.'

'Blast! Do you mean to tell me we've bought an entire continent with a potential food yield of ten million penguin units per year only to find we can't eat any of them?'

'Only a minor setback, sir. If you would all turn to page seventy-two of your agenda . . .'

All the board members simultaneously opened their files. Jarvis picked his report up and walked to the window to read it.

'The problem of selling penguins as the Sunday roast of choice can be split into two parts: one, penguins taste like creosote, and two, many people have a misguided idea that penguins are somewhat "cute" and "cuddly" and "endangered". To take the first point first, I propose that as part of the launch of this abundant new foodstuff there should be a special penguin cookery show on GoliathChannel 16, as well as a highly amusing advertising campaign with the catchy phrase: "P-p-p-prepare a p-p-penguin".'

The CEO nodded thoughtfully.

'I further suggest,' continued Jarvis, 'that we finance an independent study into the health-imbuing qualities of seabirds in general. The findings of this independent and wholly impartial study will be that the recommended weekly intake of penguin per person should be . . . one penguin.'

'And point two?' asked another board member. 'The public's positive and non-eatworthy perception of penguins in general?'

'Not insurmountable, sir. If you recall, we had a similar problem marketing baby seal burgers, and they are now one of our most popular lines. I suggest we depict penguins as callous and unfeeling creatures who insist on bringing up their children in what is little more than a large chest freezer. Furthermore, the "endangered" marketing problem can be used to our advantage by an advertising strategy along the lines of "Eat them quick before they're all gone!'"

'Or,' said another board member, '"Place a penguin in your kitchen — have a snack before extinction.'"

'Doesn't rhyme very well, does it?' said a third. 'What about: "For a taste that's more distinct, eat a bird before it's extinct?'"

'I preferred mine.'

Jarvis sat down and awaited the CEO's thoughts.

'It shall be so. Why not "Antarctica — the new Arctic" as a byline? Have our people in advertising put a campaign together. The meeting is over.'

The board members closed their folders in one single synchronised movement and then filed in orderly fashion to the far end of the room, where a curved staircase led down. Within a few minutes only the CEO and Brik Schitt-Hawse remained. He placed his red-leather briefcase on the desk in front of me and looked at me dispassionately, saying nothing. For someone like Schitt-Hawse who loved the sound of his own voice, it was clear the CEO called every shot.

'What did you think?' asked Goliath.

'Think?' I replied. 'How about "morally reprehensible"?'

'I believe you will find there is no moral good or bad, Miss Next. Morality can only be asserted from the safe retrospection of twenty years or more. Parliaments have far too short a life to do any long-term good. It is up to corporations to do what is best for everyone. The tenure of an administration may be five years — for us it can be several centuries, and none of that tiresome accountability to get in the way. The leap to Goliath as a religion is the next logical step.'

'I'm not convinced, Mr Goliath,' I told him. 'I thought you were becoming a religion to evade the seventh Revealment of St Zvlkx.'

He gazed at me with his piercing green eyes.

'It's avoid, not evade, Miss Next. A trifling textual change but legally with great implications. We can legally attempt to avoid the future but not evade it. As long as we can demonstrate a forty-nine per cent chance that our future-altering attempts might fail, we are legally safe. The ChronoGuard are very strict on the rules and we'd be fools to try and break them.'

'You didn't ask me up here to argue legal definitions, Mr Goliath.'

'No, Miss Next. I wanted to have this opportunity to explain ourselves to you, one of our most vociferous opponents. I have doubts too, and if I can make you understand then I will have convinced myself that what we are doing is right, and good. Have a seat.'

I sat, rather too obediently. Mr Goliath had a strong personality.

'Humans are moulded by evolution to be short-termists, Miss Next,' he continued. His voice rumbled deeply and seemed to echo inside my head. 'We need only to see our children to reproductive age to be successful in a biological sense. We have to move beyond that. If we see ourselves as residents on this planet for the long term we need to plan for the long term. Goliath has a thousand-year plan for itself. The responsibility for this planet is far too important to leave to a fragmented group of governments, constantly bickering over borders and only looking towards their own self-interest. We at Goliath see ourselves not as a corporation or a government but as a force for good. A force for good in waiting. We have thirty-eight million employees at present; it isn't difficult to see the benefit of having three billion. Imagine everyone on the planet working towards a single goal — the banishment of all governments and the creation of one business whose sole function it is to run the planet, by people on the planet, for the people on the planet, equally and sustainable for all — not Goliath but Earth, Inc. A company with every member of the world holding a single, equal share.'