November 29, 2012 - CSRwire Talkback -
FOOD SPECULATION IS UNETHICAL
'The Economics of Curbing Speculation In Food, Water and Vital Resources' blog post by Hazel Henderson.
Resource speculation driven by financial markets, climate change and biofuels threatens starvation for the world’s poor.
Recent spikes in prices of rice, soy, wheat and corn have driven many poor people in developing countries into hunger and malnutrition. In 2011, then World Bank president Robert Zoellick estimated that 44 million people fell into poverty in 2010 due to rising food prices, adding, “Food price inflation is the biggest threat today to the world's poor...one weather event and you start to push people over the edge.”
The United Nations (UN) FAO Food Price Index jumped 25 percent in 2010.
The dots connecting world hunger, weather events and speculation on global financial markets are obvious. Yet, well-meaning officials at UN agencies, including the FAO, World Bank and IMF, are curiously blind. Instead, their many urgent meetings over the past three years have focused on raising more money to pay these rising prices for food staples, urging more productivity from agriculture and opposing nations curbing exports to protect their domestic foods.
Stephanie McMillan -
▶ CONQUERED EVERYTHING - CAPITALIST FOOD PRODUCTION
- LEADING CAUSE OF HUNGER, ILLNESS, ECOCIDE, EXPLOITATION AND IMPERIALIST DOMINATION http://stephaniemcmillan.org/2012/10/26/conquered-everything/
▶ BIG CORPORATE AGRICULTURE PROFITS WIN OVER FOOD BANK STOCKS DRYING UP IN WAKE OF GREAT DROUGHT http://www.commondreams.org/headline/2012/11/21-5
▶ 29 November 2012 - Guardian
UN BLAMES FOOD PRICE RISES ON TRADING IN AGRICULTURAL COMMODITIES http://www.guardian.co.uk/world/2012/nov/29/un-food-prices-trading-agricultural-commodities?CMP=twt_gu
▶ COULD BARCLAYS BECOME THE LATEST BANK TO PULL OUT OF FOOD PRICE SPECULATION? http://www.trust.org/alertnet/news/could-barclays-become-the-latest-bank-to-pull-out-of-food-price-speculation/
World Development Movement
▶ STOP BANKS INCREASING FOOD PRICES: LIMIT COMMODITY SPECULATION AND PREVENT A GLOBAL FOOD CRISIS http://www.wdm.org.uk/food-speculation
- ▶ IS THE FOOD CRISIS GOOD FOR BUSINESS? "WE'LL MAKE A KILLING OUT OF FOOD CRISIS" - Wall Street http://www.scoop.it/t/agriculture-gmos-pesticides/p/2499332670/is-the-food-crisis-good-for-business-we-ll-make-a-killing-out-of-food-crisis
Guardian, 29 November 2012
- ▶ UN BLAMES FOOD PRICE RISES ON TRADING IN AGRICULTURAL COMMODITIES http://www.guardian.co.uk/world/2012/nov/29/un-food-prices-trading-agricultural-commodities?CMP=twt_gu
UN Envoy, Jean Ziegler on Third World Hunger:
▶ LET THEM STARVE: WE ALLOW MULTINATIONAL FOOD CORPORATIONS AND SPECULATORS TO DECIDE EVERYDAY WHO IS EATING AND LIVING, AND WHO IS STARVING AND DYING http://africasacountry.com/2012/10/05/jean-ziegler-we-let-them-starve/
▶ BIG CORPORATE AGRICULTURE PROFITS WIN OVER FOOD BANK STOCKS DRYING UP IN WAKE OF DROUGHT. This Is what happens when profits trump feeding the world and the USDA is up to it's neck in complicity with the big corporate agricultural business, biotech industry to ensure they maintain their quarterly bottom-line. http://www.commondreams.org/headline/2012/11/21-5
▶ FOOD AID FOR THE 21st CENTURY: MEETING THE OBJECTIVE...OR FEEDING THE CORPORATE COFFERS? http://sco.lt/6jtrlJ
▶ Monthly Review
WHEN FOOD BECOMES A COMMODITY FOR PROFITS, NOT HEALTH http://monthlyreview.org/2012/01/01/food-as-a-commodity
-▶ BUYING UP THE OPPOSITION: GIANT AGRI-FOOD CORPORATIONS GOBBLING UP NATION'S $63 BILLION YEARLY ORGANIC FOOD INDUSTRY Large corporations now dominate in organic foods, and some people think this has led to a watering down of the industry.
The fact is, organic food has become a wildly lucrative business for Big Food and a premium-price-means-premium-profit section of the grocery store. The industry’s image — contented cows grazing on the green hills of family-owned farms — is mostly pure fantasy. Or rather, pure marketing. Big Food, it turns out, has spawned what might be called Big Organic....http://www.nytimes.com/2012/07/08/business/organic-food-purists-worry-about-big-companies-influence.html?_r=2&pagewanted=all
- ▶ FROM GROWING PROFIT TO GROWING FOOD: CHALLENGING CORPORATE MONOPOLY http://sco.lt/96Cmaf
- ▶ HOW NOT TO "FEED THE WORLD" http://sco.lt/8vwnk9
▶ WALL STREET TAKES AIM AT FARMLAND: THREATENING FUTURE OF U.S. AND WORLD AGRICULTURE http://sco.lt/9HBsPZ
▶ THE GLOBAL GMO SEED CARTEL: HOW BIOTECHNOLOGY COMPANIES MONOPOLIZE GLOBAL SEED MARKETS http://sco.lt/7RuyZt
▶ "WHO PROFITS FROM POVERTY" - DOING GOOD RESPONSIBILY http://sco.lt/9273Jp
▶ THE NEW CORPORATE COLONIALISM -- DESTRUCTION OF LIFE ALL IN THE NAME OF "GROWTH" http://sco.lt/6HLK77
▶ THE TRAGEDY OF THE MARKET, THE PROMISE OF THE COMMONS http://sco.lt/9A468P
Earth Policy Institute
▶ FULL PLANET, EMPTY PLATES - THE NEW GEOPOLITICS OF FOOD SCARCITY - RISING TEMPERATURES, RISING FOOD PRICES: http://www.earth-policy.org/books/fpep/fpepch8
Earth Policy Institute
▶ SUPPORTING DATA: FULL PLANET, EMPTY PLATES: THE NEW GEOPOLITiCS OF FOOD SCARCITY http://www.earthpolicy.org/books/fpep/fpep_data#7
Guardian Sustainable Business, October 23, 2012
▶ PLACING PROFITS ABOVE WELL BEING: CHALLENGING THE DESTRUCTIVE POWER OF THE AGRO-CHEMICAL INDUSTRY http://www.theguardian.com/sustainable-business/blog/anna-lappe-activist-food-campaign
▶ SHOULD COMPANIES COMPENSATE SOCIETY FOR ENVIRONMENTAL DESTRUCTION FROM WHICH THEY PROFIT? http://sco.lt/5x2tqz
▶ LOOTING THE VERY FOUNDATIONS OF LIFE: CORPORATE FINANCIALIZATION OF NATURE A RECIPE FOR DISASTER http://sco.lt/4mAnuD
--- WATCH ---
▶ A SYSTEM BASED ON PROFITS IS UNSUSTAINABLE ....Vandana Shiva http://www.scoop.it/t/agriculture-gmos-pesticides/p/1614565249/a-system-based-on-profits-is-unsustainable-vandana-shiva
▶ SACRED ECONOMICS: MONEY, GIFTS AND SOCIETY IN THE AGE OF TRANSITION http://www.scoop.it/t/environmental-and-human-health/p/3535969858/sacred-economics-money-gift-and-society-in-the-age-of-transition-video
Common Dream, April 22, 2014
-▶ CORPORATE COLONIALISM: PROTESTERS SLAM TRANS PACIFIC PARTNERSHIP. .These secretive trade pacts are really about restoring global U.S. military power and economic dominance http://www.commondreams.org/headline/2014/04/22-3
FOOD OR FUEL?
RESEARCH SUGGESTS BIOFUELS WILL COST THE EARTH
BIOFUELS LAND RUSH. WHY POVERTY?
THE UGLY RISE OF MONOCULTURE FARMING AND GLOBALIZED FOOD
WATER IN THE ANTHROPOCENE
▶ GDP OUTMODED: HERE COMES ECO-ECONOMICS « The Natural Eye Project http://thenaturaleye.wordpress.com/2011/01/14/eco-economics-gdp-outmoded/
Guardian Sustainable Business
▶ NOCAMPAIGN CHALLENGES DESTRUCTIVE POWER OF AGRO-CHEMICAL INDUSTRY http://www.guardian.co.uk/sustainable-business/blog/anna-lappe-activist-food-campaign
▶ THE GLOBAL CHEMICAL BIOTECH CARTEL: AN UNPRECEDENTED POWER OVER WORLD AGRICULTURE AND HUMAN HEALTH http://www.scoop.it/t/agriculture-gmos-pesticides/p/1716244040/the-global-chemical-biotech-cartel-an-unprecedented-power-over-world-agriculture-and-human-health