This explains the complete and utter moral and ethical bankruptcy of predatory capitalism, the categorical imperative to put profit above all else, above the value of human life and beyond common human decency.
Silly proletariat, you thought "Hunger Games" a metaphor?
Why should those who hold the capital dictate the ability of other humans to buy food?
Simple human decency requires some socialism to get food to hungry people.
Glad we heard lots about the coming global food crisis at the Republican't convention. Guess the billionaire elites just assume their grandchildren will still eat filet mignons while the rest of the world has to become vegetarians.
Not to rail against meat consumption-bought a 2 pack of ribeyes on sale for my steaks for the month--but producing the quantity to over feed our fat Western asses, generalizing from my own posterior, for maximum profit for the middlemen, the commodity funds speculator, does not efficiently allocate food resources if we judge the provision of food by whether or not the system prevents famine.
http://empireofdirt77.blogspot.com/2011/06/eric-schlosser-food-system-based-on.html
[Barclays has made as much as half a billion pounds in two years from speculating on food staples such as wheat and soya, prompting allegations that banks are profiting handsomely from the global food crisis.
Barclays is the UK bank with the greatest involvement in food commodity trading and is one of the three biggest global players, along with the US banking giants Goldman Sachs and Morgan Stanley, research from the World Development Movement points out.
Last week the trading giant Glencore was attacked for describing the global food crisis and price rises as a "good" business opportunity.
The extent of Barclays' involvement in food speculation comes to light as new figures from the World Bank show that global food prices hit an all-time high in July, with poor harvests in the US and Russia pushing up the average worldwide cost of staples by an unprecedented 10 per cent in a month.
The extent of just one bank's involvement in agricultural markets will add to concerns that food speculation could help push basic prices so high that they trigger a wave of riots in the world's poorest countries, as staples drift out of their populations' reach.]
Barclays is the UK bank with the greatest involvement in food commodity trading and is one of the three biggest global players, along with the US banking giants Goldman Sachs and Morgan Stanley, research from the World Development Movement points out.
Last week the trading giant Glencore was attacked for describing the global food crisis and price rises as a "good" business opportunity.
The extent of Barclays' involvement in food speculation comes to light as new figures from the World Bank show that global food prices hit an all-time high in July, with poor harvests in the US and Russia pushing up the average worldwide cost of staples by an unprecedented 10 per cent in a month.
The extent of just one bank's involvement in agricultural markets will add to concerns that food speculation could help push basic prices so high that they trigger a wave of riots in the world's poorest countries, as staples drift out of their populations' reach.]
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