Food Fight

April 15, 2008

the global economy is making me crazy

The global economy is making me crazy

Its not good, people. High gas prices not only trapped me in the scenic Airports of the American South for the better part of last weekend, they appear to have sparked a spate of food riots from Haiti, to many parts of Africa, the Philippines and Indonesia. *Updated to add Mexico, and a whole bunch of other places according to Democracy Now! this morning; apparently 15,000 garment workers are on strike in Bangladesh, protesting high food prices and slave wages.* The main South African federation of trade unions, COSATU, is warning that SA could be next.

Food crisis happening in these countries because they already have high rates of inequality and poverty, and because they are net importers of food; increasing gas prices increase the cost of food production and the cost of food transportation.

This is, of course, only the most immediate problem. For a deeper explanation, we’d have to look at the impact of fossil fuels, global warming and history of colonial and post-colonial land ownership on food production. But those are not really points best made in blog format.

Instead we will talk about what the problem is NOT. The problem is not a lack of food in the world. There is enough food in the world.

Brief interlude for a vignette;

When I was a younger, equally smart-assed anti-capitalist, a teacher, (who closely resembled Monica Lewinsky, during a historical period in which that was a serious social detriment) once explained to me and the rest of the class that “Capitalism is the Most Efficient System”

“Efficient,” I loudly wondered, “at what?”

She was baffled, but a future salutatorian answered my question: “Efficient at distributing goods and resources!”

Ahhh. Now it remains my turn to be baffled. This assertion, whenever I see it repeated, strikes me as egregiously illogical one. Or, at least, as a pure declaration of faith in a premise with very little evidence to support it. Many of the ideas in the human cultural cannon, ideas often considered the epitome of antilogical faith–say animism, or belief in magic–have a much longer and more successful empirical track record if all of human history is taken into account. Food riots are endemic to this crap system and they always have been.

And despite the category I’ve stuck this post in, rising food prices aren’t just a problem for Africa or for island nations dominated by US military and economic imperialism; food is a global market. Price pressure at the pump is likely to hit us in the pantry, and I’m worried it might be soon.

This food thing makes me even more nervous than the housing crash, especially given that they can’t be taken in isolation. See, in the earlier half of this century, in the US, food prices were substantially higher (relative to wages), but housing prices were substantially lower. Wages, in the US have been stagnating since the 1960’s or so, but this arrangement has been sustained, in part, by falling food prices.

The housing crash hasn’t made rent cheaper. Its just resulted in a lot of people losing their highly-leveraged houses. So now we have a situation where we have stagnant wages, rising food and housing costs and credit markets drying up.

Tasty!

*updated again to add: More at Rachel’s Tavern.*


3 Responses to “Food Fight”

  1. jonah said

    a bunch of good posts. would be nice to have some on another blog……….

  2. aroundthebend213 said

    which one do you want, dude?

  3. […] it is May, and because I once used the word “salutatorian” in a post about how stupid capitalism is, a top search that finds my blog is “what makes a good salutatorian […]

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