US Agribusiness, GMOs and the Plundering of the Planet

Small family/peasant farms produce most of the world’s food. They form the bedrock of global food production. Yet they are being squeezed onto less than a quarter of the planet’s farmland. The world is fast losing farms and farmers through the concentration of land into the hands of rich and powerful land speculators and agribusiness corporations.

By definition, peasant agriculture prioritises food production for local and national markets as well as for farmers’ own families. Big agritech corporations on the other hand take over scarce fertile land and prioritise commodities or export crops for profit and foreign markets that tend to cater for the needs of the urban affluent. This process displaces farmers from their land and brings about food insecurity, poverty and hunger.

What big agribusiness with its industrial model of globalised agriculture claims to be doing – addressing global hunger and food shortages – is doing nothing of the sort. There is enough evidence to show that its activities actually lead to hunger and poverty – something that the likes of GMO-agribusiness-neoliberal apoligists might like to consider when they propagandize about choice, democracy and hunger: issues that they seem unable to grasp, at least beyond a self-serving superficial level.

Small farmers are being criminalised, taken to court and even made to disappear when it comes to the struggle for land. They are constantly exposed to systematic expulsion from their land by foreign corporations. The Oakland Institute has stated that now a new generation of institutional investors, including hedge funds, private equity and pension funds, is eager to capitalise on global farmland as a new and highly desirable asset class. Financial returns are what matter to these entities, not ensuring food security.

via US Agribusiness, GMOs and the Plundering of the Planet » CounterPunch: Tells the Facts, Names the Names.

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