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The Global Food Crisis and What Has Capitalism to Do With It?
William K. Tabb

The paper explores the links between the current food crisis, generated by galloping food prices, and the inherent nature of capitalism. It discusses the structural issues of an industry built on profit maximization, considers the unique aspects of agribusiness in a global political economy, the role of the power exercised by huge transnationals and the states which support their interests. The paper argues that a look at the causes of this food crisis and the purported solutions has much to tell us about what is wrong with the hegemonic development model of recent decades.
 

July 18, 2008.

 
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  © International Development
Economics Associates 2008
 

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