Sick Profits. The modern food system is driven solely by the logic of profit…
The modern food system is driven solely by the logic of profit.
In addition to losing their land to big global investors and big agribusiness, people are getting sick from multinational corporations and a system that thrives on the promotion of “junk” (“ultra-processed”) food, flavored with harmful chemicals and grown with the use of toxic agrochemicals.
It is a highly profitable situation for investment firms like BlackRock, Vanguard, State Street, Fidelity, Capital Group and the food and agribusiness conglomerates in which they invest.
But BlackRock and others are not just investing in the food industry.
They profit from the diseases and illnesses that result from the food system by owning large stakes in the pharmaceutical industry.
It is a win-win situation for them.
Lobbying by agribusiness multinationals and the well-positioned and well-funded food corporations they control ensures that this situation is maintained.
Not only do they control policy and regulation at both international and national levels, but more importantly, they help promote the (false) narrative that the world would starve without their products.
Now they are also pushing a faux-green and ecomodernist agenda, introducing their exclusive new technologies to further tighten their grip on a global food system that produces bad food, disease, environmental degradation, dependency and dispossession.
The dominant globalized agribusiness model is based on unfair trade policies, the use of public debt for interest that can never be repaid, the uprooting of people and the expropriation of land.
It also promotes export-oriented commodity monocultures and local food insecurity.
This model is responsible for increasing disease, nutrient-poor diets, shrinking crop diversity, chemical runoff, rising farmer indebtedness, and the eradication of biodiversity.
And it is based on a political paradigm that prioritizes urbanization, global markets, and the needs of multinational agribusiness corporations over rural communities, local markets, agricultural resources, and food sovereignty.
There are huge environmental, political, social and health problems resulting from the way our food is currently produced and consumed.
A paradigm shift is required.
This e-book, published in December 2023, contains important sections that talk about the current agrarian crisis in India and all the serious problems currently plaguing the planetary agricultural sector.
Aruna Rodrigues – a prominent activist and lead petitioner on the GMO mustard petition in the Supreme Court of India – had this to say about the book :
“This is a graphic, detailed horror story in the making for India, an exposé of what is being planned to hand over Indian sovereignty and food security to big business”.
