Archive for market manipulation

Virus Dumping

Posted in Ecological resilience, Influenza, Sustainable farming with tags , , , , , , , , on November 11, 2010 by Rob Wallace

The man come to shake my hand / and rob me of my farm –Ryan Bingham

Dumping grain on another country is a classic maneuver in economic warfare.

When a country’s borders are opened by force or by choice, by structural adjustment or by neoliberal trade agreement, when tariffs and other forms of protectionism are finally scotched, heavily subsidized multinational agribusiness can flood the new market with commodities at prices less than their production costs.

That is, these companies are happy to sell their food stuffs abroad at a loss. That doesn’t make sense, you say. Aren’t these guys in business for profit? They are indeed. The deficits are in actuality a cold-blooded calculation.

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