The escalating crisis of soaring food prices and food insecurity is the result of a development model based on large-scale, export-orientated agriculture tied to international competition, self interest and stock market speculation. With at least 923 million people going hungry each day despite a huge surplus of food production, a reorientation towards local self-sufficiency founded upon the concept of ‘food sovereignty’ is urgently required.
The convergence of the food, financial and climate crises shows
populations the need to
free themselves from the productivist model of capitalist society.
Globalisation has not delinked or disconnected economies - which means
the current crisis is only the beginning, argues Eric Toussaint.
The current food crisis is not a problem of production as we have been told, but a result of neo-liberal trade policies, which now serve as a catalyst to send
seeds and fertilisers to food-crisis-striken countries in the
South. By GRAIN.
As Africa grapples with the question of food
insecurity, biotechnology buffs seem to have an answer: genetically
modified crops that could feed a continent vulnerable to famine and
food deficits. But environmentalists warn of new dangers. Reported by Busani Bafana.
With intertwined food and financial systems, we stand to face a hungry planet and the threat of "financial Armageddon." However, rather than failed free-market policies, we can stabilize the planet by investing in local economies argues Annie Shattuck.
Unlike the crisis of
1970s stagflation that signalled the end for the Keynesian social-democratic
model, the food crisis of 2008 could be marked down in history for setting in
motion an opposite trend, writes Adam W. Parsons.
The
inability of world leaders to face up to the root causes or policy
contradictions of a food crisis is nothing new, but the resultant crisis of faith in neoliberal economic orthodoxy is a sign that the world direction is changing course, writes Adam W. Parsons.
The first genetically modified food crop – Bt Brinjal – will soon be served up across India, carrying a toxin that is a thousand times more potent than what is used to kill insects. Spine chilling, isn’t it? By Devinder Sharma.