'The Economics of Curbing Speculation In Food, Water and Vital Resources' blog post by Hazel Henderson.
November 29, 2012 - CSRwire Talkback - Food Speculation is UnEthical
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.
Quantitative Easing Fuels Food Speculation... http://www.csrwire.com/blog/posts/628-the-economics-of-curbing-speculation-in-food-water-and-vital-resources?utm_medium=Twitter&amp;amp;amp;utm_campaign=CSR%2Band%2Bsustainability%2Bnews
BIG Corporate Agriculture Profits Win Over Food Bank Stocks Drying Up in Wake of Great Drought http://www.scoop.it/t/agriculture-gmos-pesticides/p/3430922717/big-corporate-agriculture-profits-win-over-food-bank-stocks-drying-up-in-wake-of-great-drought
29 November 2012 UN blames food price rises on trading in agricultural commodities | World news | guardian.co.uk 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/
Stop banks increasing food prices: limit commodity speculation & prevent a global food crisis HASHTAG #FoodSpeculation | World Development Movement http://www.wdm.org.uk/food-speculation
Stephanie McMillan - Conquered Everything -- Capitalist Food Production: A Leading Cause of Hunger, Illness, Ecocide, Exploitation and Imperialist Domination http://stephaniemcmillan.org/2012/10/26/conquered-everything/
We allow multinational food corporations and speculators to decide everyday who is eating and living, and who is starving and dying. Former UN envoy Jean Ziegler on Third World hunger: “We Let Them Starve”... http://www.scoop.it/t/agriculture-gmos-pesticides/p/2973615009/we-allow-multinational-food-corporations-and-speculators-to-decide-everyday-who-is-eating-and-living-and-who-is-starving-and-dying
GDP Outmoded – Here Comes Eco-Economics « The Natural Eye Project http://thenaturaleye.wordpress.com/2011/01/14/eco-economics-gdp-outmoded/
WHEN FOOD BECOMES A COMMODITY FOR PROFITS, NOT HEALTH - VIDEO http://www.scoop.it/t/agriculture-gmos-pesticides/p/3506145890/when-food-becomes-a-commodity-for-profits-not-health-video
VIDEO 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
VIDEO: Sacred Economics | Money, Gift 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
Campaign challenges destructive power of agro-chemical industry | Guardian Sustainable Business 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