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Too much power in too few hands: Food giants take over the industry

Small producers face poverty as ever more commodities are controlled by a coterie of multinationals #CorporateControl  As you sip your morning coffee or tea, accompanied perhaps by a chocolate biscuit, or a banana for the more health-conscious, think hard about where your breakfast comes from. Increasingly, a handful of multinationals are tightening their grip on the commodity markets, with potentially dramatic effects for consumers and food producers alike. The livelihoods of millions of smallholders who produce the drinks and snacks we consume every day are “seriously under threat”, warns a report to be published tomorrow to mark the start of Fairtraide Fortnight. Extreme price volatility, high food prices and more concentrated […]

Foodies, Get Thee to Occupy Wall Street

The Occupy Wall Street protests grew out of anger at the outsized power of banks. But as they’ve expanded nationwide, the uprisings have evolved into a kind of running challenge to the way power is concentrated in all aspects of our economy—concentrated into the hands of people with an interest in maintaining the status quo. No doubt, the financial sector is a stunning example. This MoJo chart shows how the 10 largest banks came to hold 54 percent of US financial assets, up from 20 percent in 1990. As big banks gobbled smaller banks and became megabanks, they managed to extract more and more wealth out of the economy. Even […]

Occupy the Food System! by Eric Holt Gimenez

In the past few weeks, the U.S. Food Movement has made its presence felt in Occupy Wall Street. Voices from food justice organizations across the country are connecting the dots between hunger, diet-related diseases and the unchecked power of Wall Street investors and corporations (See Tom Philppot’s excellent article in Mother Jones). This is very fertile ground. On one hand, the Food Movement’s practical alternatives to industrial food are rooted at the base of our economic system. Its activities are key to building the alternative, localized economies being called for by Occupy Wall Street. On the other hand, Occupy provides a space for the Food Movement to politicize its collective […]

MONSANTO, QUIT INDIA! NO TO CORPORATE CONTROL OF INDIAN AGRICULTURE!

Monsanto Quit India Call for a Nation-wide DAY OF ACTION on Aug. 9, 2011 (Quit India Day) & KISAN SWARAJ WEEK, Aug. 9TH to Aug. 15TH 2011 “No food shall be grown, that we do not own” – that is the reported objective of Monsanto, the multi-national seed and agro-chemical company notorious for suing and jailing farmers for the “crime” of reusing seeds they purchased from the company! If you are shocked by Monsanto’s aim of controlling the entire world’s food production system, what is more mind-boggling is how much progress it has already made towards its goal. Monsanto is today the world’s largest seed company, already controlling 23% of […]

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