Feeding capitalists

August 27, 2012 03:30
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­With one billion people starving every day, what is the solution to rising food prices? Could heavier regulation of financial markets be a step forward?  Or is it all about subsidies and tariff policies? How much are biofuels menacing food security? And how many more food riots will we see before we find a solution? CrossTalking with Ronald Bailey, Timothy Wise and David Moberg.

Comments (3)

Niko Foti (unregistered) 28.08.2012 01:03

BK (unregistered) wrote in #1
The elephant in the room was completely ignored. That elephant is the consequences of unlimited population growth.   Stop subsidizing breeding, stop pretending that technology will always increase yields, and stop thinking that perpetual human population growth is a divine right.  Humans behave like locusts and then deem themselves to represent the apex of the universe.    These creatures are so deluded they even prey upon their own kind, all in the name of increasing profits.   They're utterly insane. 

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REMant 28.08.2012 00:57

These guys are just plain stupid.  Although some uncontrollable environmental factors have something to do with it, the reason for high prices goes hand in hand with low money prices, and so is the result of repeated central bank actions in this area for the past four years, and, of course, for several decades before that.  If the price of gasoline alone has doubled or tripled, that shouldn't be surprising.  We don't need financial regulation; we need honest money.  It is clear that all attempts to "juice" productivity or provide welfare result increased wealth for some and poverty for the many needed to make life sustainable, and that's what the Ponzi scheme we call banking does, and has done since the moment they were created.

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BK (unregistered) 27.08.2012 15:28

The elephant in the room was completely ignored. That elephant is the consequences of unlimited population growth.   Stop subsidizing breeding, stop pretending that technology will always increase yields, and stop thinking that perpetual human population growth is a divine right.  Humans behave like locusts and then deem themselves to represent the apex of the universe.    These creatures are so deluded they even prey upon their own kind, all in the name of increasing profits.   They're utterly insane. 

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