Menace on the Menu: The Financialisation of Farmland and the War on Food and Farming

By Colin Todhunter

The IPES notes that, globally, just 1% of the world’s largest farms now control 70% of the world’s farmland. These tend to be input-intensive, industrial-scale farms that the IPES says are straining resources, rapidly degrading farmland and further squeezing out smallholders. Moreover, agribusiness giants are pursuing monopolistic practices that drive up costs for farmers. These dynamics are creating systematic economic precarity for farmers, effectively forcing them to ‘get big or get out’.

Factor in land degradation, much of which is attributable to modern chemical-intensive farming practices, and we have a recipe for global food insecurity. In India, more than 70% of its arable land is affected by one or more forms of land degradation.

 

https://off-guardian.org/2024/05/16/menace-on-the-menu-the-financialisation-of-farmland-and-the-war-on-food-and-farming/

 

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