Tesco
The Hunger-Makers
Report

The Hunger-Makers

How Deutsche Bank, Goldman Sachs and Other Financial Institutions Are Speculating With Food at the Expense of the Poorest

Foodwatch
Foodwatch, 2011
Get the Report

Read or listen offline

автоматическое преобразование текста в аудио
  • 0.5×
  • 0.75×
  • 1×
  • 1.25×
  • 1.5×
  • 1.75×
1×
автоматическое преобразование текста в аудио

Editorial Rating

8

Qualities

  • Innovative

Recommendation

Journalist Harald Schumann examines the complex relationship between investment and poverty in this report, commissioned by Foodwatch – a nonprofit organization that analyzes food industry practices. The report asserts that investments in commodity exchanges forcibly increase the price of food. With the caveat that many who are in favor of investing in agricultural commodities – and even see it as a worthwhile activity – argue persuasively in exactly the opposite direction, and that we are always politically neutral, getAbstract recommends this paper to those seeking to understand this important viewpoint about the ways that global capitalism affects food supply and poverty, how investments could benefit an investor and yet harm the poor, how these events fit together, and what you can do about them.

Take-Aways

  • Some one billion people worldwide go hungry because they cannot afford food.
  • Investors have flocked to commodity exchanges where they are driving up food prices.
  • Before the upsurge of interest in commodities, speculators helped producers and food processors hedge their risks.

About the Author

Foodwatch commissioned Harald Schumann, a senior reporter for the Tagesspiegel in Berlin and an expert on international financial markets, to write this report.

Comment on this summary or Начать обсуждение