Making a killing from the food crisis
Devlin Kuyek: "Right now Cargill is making approximately $471 000 an hour in profits"
Tuesday May 13th, 2008
While people around the world are suffering from hunger and protesting the rise in global food prices, major grain traders, such as Cargill, are reporting big profits. Making a Killing from Hunger, a report by international NGO, GRAIN, says that the global food crisis is more than a food shortage or a price blip, it's a structural meltdown, resulting from globalization and neoliberal policies.
Devlin Kuyek is a researcher on global agribusiness for GRAIN, an international NGO which promotes the sustainable management and use of agricultural biodiversity. He is also the author of The Real Board of Directors: The construction of biotechnology policy in Canada, and Good Crop/Bad Crop: Seed Politics and the Future of Food in Canada .
I think "how right you are".....what can we do about it. Is there any movement to try to stem the tide. I live in the UK. It is vitally important for the people on the bottom of the pile to be self sufficient. It is diabolical how the big companies and banks have got to control us all. I am unhappy about the lack of land available for us as individuals in the UK (England) especially to grow our own vegetables. No one is seriously encouraged to do so. I want to slam on the breaks. How?
Cardywhite111 1 year ago
Do to the collapsing housing market, a lackluster stock market and diving dollar, global hedge funds have had to seek other markets, and as usual that drives up prices, always has. Weather it be housing, energy, or comodities such our food.
Its "eat or be eaten" the poor have always been on the loosing side.
priorq 3 years ago