Capitalism Takes Food from the Poor

Have you ever wondered how it is that capitalism causes malnourishment? Here’s one way.

“The global rush to buy farmland continues, and international investors are focusing on the poorest countries with weak land-rights security…Investor interest in land was triggered by the 2007-08 spike in food prices, and the long-term trends that drive deals are rising commodity prices, population growth, growing consumption and demand for biofuels and timber…The deals in the database amount to 83.2 million hectares (205.6 million acres) of land in developing countries…Most of the investors are private companies, accounting for 442 projects covering 30.3 million hectares, followed by state- owned companies with 172 projects and 11.5 million hectares, based on the data. Investment funds were behind 32 projects covering 3.3 million hectares….

 Governments often sell land already in use by smallholder farmers, according to the (research) group. About 45 percent of deals target cropland or crop-vegetation mosaics, where investors are competing for land with local farming communities, the group reported. ‘Investors are targeting countries with weak land tenure security, although they try to look for countries that at the same time offer relatively high levels of investor protection,’ the Land Matrix group said.”

Look at the Landportal Landmatrix data on capitalism incentivizing investors to steal arable land from the poor, that the moneyed might speculate on the dispossessed’s ensuing starvation.

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