Raj Patel: The Value of Nothing-the $200 Hamburger

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In Patels new book, The Value of Nothing, he hones in on what it means to have corporate monopolies that can manipulate both price and supply, coupled with a free market philosophy that hijacks government oversight and public protection, where the price of something bears little relation with its true value.

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Category:

News & Politics

Tags:

• agriculture
• alan greenspan
• cheap food
• culture
• environment
• externalities
• farmers
• food politics
• food system
• free market
• hidden costs
• inequality
• local food economy
• prices
• raj patel
• stuffed and starved
• sustainable systems
• transnational corporations
• women
• food news
• cooking up a story
• vlog
• spirituality

[melmes03]

@jas68maro you are narrow minded, and tricked into believing that a price tag means a damn. Those externalities Patel speaks of, are real, they come out of the pockets of someone. And we should find it selfish that as we pay 4 dollars for that burger, someone else is paying for the remaining 196 dollars, and those people are generally the bottom billion. The beef industry is subsidized, and gets feed from the heavily subsidized maize industry. That's real money being spend, use your head

[neilzep]

He looks/sounds normal to me ....maybe you psychos are the antichrist.

[melmes03]

@lifelong9er I am incorrect? I never said subsidies were a market phenomenon. Don't put words in my mouth. I think everyone know's they are a government intervention. I personally find it ridiculous that we keep pumping money into these economies that cost more than they make

[lifelong9er]

@melmes03 You have missed my point entirely, and you are incorrect. Subsidies are not a market phenomenon, they are a government intervention, so it is not markets that are hiding the costs of things, it is governments. Furthermore, subsidies are not a good thing, ever. They distort the market and make profitable things which would otherwise be unprofitable, like corn and beef.

[melmes03]

@lifelong9er Well subsidies wouldn't be so bad if every country were able to take part in them. Countries involved in the States' neoliberal debt programs aren't allowed to give their farmers subsidies, which would help give their own people the basic necessities. Yet the US and other core countries can subsidies their corn and beer farmers so they can sell their fat, spoiled citizens diarrhea in a wrapper

[lifelong9er]

@melmes03 How are subsidies a "market failure?"

[IdigAponyONtheROOF]

@neilzep maybe you dont wanna step out of your little comfort zone to accept relality/truth. And he's an aid to the false prophet maitreya .......the unholy trinity  false prophet/antichrist/satan who is the father of lies who is the reason for everything wrong in all of our lives. Because he brought sin into the world and then death followed as a result.

[AndoodJames]

@neilzep IDK What Your Talking About. He Looks Coked Up And Out Of His Mind.

[Zresponder]

@neilzep I hope you can find your straight jackets and sedatives cheap.

[neilzep]

@Zresponder there is no help for demented minds.straight jackets and powerful sedatives are needed.

[Zresponder]

@neilzep You are so smart! You should have your head examined so that the rest of us may someday benefit.