Sunday, April 13, 2008

THAT'S CAPITALISM FOR YOU: EVEN WHERE'S PLENTY, THERE AIN'T ENOUGH

I've just ordered Raj Patel's Stuffed and Starved: The Hidden Battle for the World Food System. It'll be my reading during my plane trip to Amsterdam next week.

Lenin's Tomb mentions the book in today's post on food, food industry and starvation:
The warnings about soaring global food prices are just flooding in. From the IMF riot to the food riot. Aside from causing starvation among large swathes of consumers, fluctuations in global commodity prices typically wreak the most havoc for small producers. Multinationals and agricommerce don't have this problem, because they are diversified and have the resources to wait out slumps or spirals. While the chaos resulting from the subordination of basic human requirements to global markets can cause social collapse, an erosion of the moral geography, and intensified social conflict of the kind that has afflicted Sudan and pre-genocide Rwanda, the people who are meant to make money from it keep making money from it. Currently, the emphasis on biofuels and the shift of investors away from bad bets in subprime to staple goods have conspired to drive the prices up. So, although there is more than enough rice to meet every individual's dietary requirements, we are told there is a 'scarcity'. That's capitalism for you: even where's plenty, there ain't enough.

In light of all this, I have some questions. To wit: what is that shit you're eating? Why are you so fat, yet malnourished? Why is it that for the first time the number of obese people (1 billion) exceeds the number of starving people (850 million)? And how are those two facts related?
Answers here.

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