The world food crisis and the capitalist market Part I

Dandelion Salad

By Alex Lantier
http://www.wsws.org
7 June 2008

This is the first part of a three-part series of articles on the world food crisis. Part two will be posted June 9.

As the June 3-5 Conference on World Food Security of the United Nations’ Food and Agriculture Organization (FAO) began in Rome, FAO Director Jacques Diouf said of the explosion of food prices: “It is touching every country in the world. We have not only seen riots and people dying, but also a government toppled [in Haiti], and we know that many countries… could tilt to one way or the other depending on the discontent or satisfaction of their population.”

With these words, Diouf expressed the growing concern of governments and ruling elites internationally over the potentially revolutionary implications of the upward spiral of prices for basic food staples, which has already sparked a social and economic crisis of global dimensions. In recent months, strikes and demonstrations against rising food prices have occurred in many parts of the world. These initial struggles have exposed the contradiction between the elementary demand of the world’s masses for affordable food and the workings of the capitalist market.

Diouf called for donations of US$30 billion to be invested in world agriculture. Even were this sum to be allocated, it would not begin to address the sources of the current crisis, which lie in economic and political processes of privatization and price speculation that have unfolded over the past three decades and are bound up with the globalization of capitalist agriculture.

…continued

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2 thoughts on “The world food crisis and the capitalist market Part I

  1. Pingback: The world food crisis and the capitalist market Part III « Dandelion Salad

  2. Pingback: The world food crisis and the capitalist market Part II « Dandelion Salad

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