Monday, September 12, 2011

Link Speculating on Hunger

Speculating with Lives: How Global Investors Make Money Out of Hunger
By Horand Knaup, Michaela Schiessl and Anne Seith

MAJIA HERE: FOOD SPECULATION IS AN ONGOING CONCERN OF MINE. Food speculation is one point in the three point tyranny of corporate control over food.

The first point in the triangle of terror is control by Monsanto, ADM, Cargill and Dow (among a few others) over seeds, pesticide, and herbicides. From this point we get biopirarcy, land grabs, frankenfood, and endocrine disrupting and toxic pesticides and herbicides.

The second point in the triangle entails government subsidies for agribusiness, enabling dumping in the developing world (e.g., putting Mexico's small and mid-sized corn growers out of business), exacerbating global hunger, and encouraging poor nutrition in the US by subsidizing products like corn and tobacco, but not fresh produce.

The final point in the triangle is food speculation, leading to rising commodities, exacerbating global hunger, and enabling and encouraging land grabs. The article linked above emphasizes this point.

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