For a concise, readable summary of iTulip concepts developed over the past 16 years and a vision of a challenging next decade and how to navigate it, read Eric Janszen's book "Post Catastrophe Economy".
Join the discussion of today's events with a wide range of professionals with an interest in economics and finance.
Register to join our 50,000 plus member registered community from 78 countries today.
Subscribe to iTulip Select for access to the longest running, deep, accurate, and unvarnished macro economic trends analysis and forecasting available, since 1998.
If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
Re: India's Farming 'Revolution' Heading For Collapse
The internal contradiction basic to commodity agriculture is harvest abundance = plunging prices. Since basic food stuffs are vital to society, government involvement in agriculture is of great importance in mitigating this contradiction to the society's overall well being. It's the form that involvement takes that's the real question.
Re: India's Farming 'Revolution' Heading For Collapse
Let me see if I can dig around the Internet and find the video that better presents this position than I can. I believe you are right in suggesting that Monsanto is one of the companies that has defined it's goal as being a major player in the world and wanting to expand its control over the agribusiness markets.
Care to be a bit more specific as to which companies you are referring to? [Other than Monsanto, of course.]
I wasn't aware there was yet another global conspiracy, this time to control the food supply. The question that comes to mind is why would a company "intent on controlling all the world's food supply" provide any modern seeds, technology and farming practices that seem to have expanded said food supply in recent decades? Wouldn't it be a lot easier for them if there was a lot less food around that they needed to gather up in order to "control" it?
Just askin'
By the way, for all the criticism that is being levelled at India over unsustainable agricultural practices in this article I would make one observation: Unsustainable practices are by no means unique either to the agriculture sector of economies, nor to Indian agriculture alone. Government policies around the world directed mostly at subsidizing the internal production of food to achieve the political goal of "self sufficiency" in critical foodstuffs, have had a far greater effect distorting that economic sector, and promoting unsustainable behaviours, than anything any single seed or technology provider has ever been able to do. You would not know it by reading this article but some good has come from the so-called green revolution in India...to tap the deep aquifers for irrigation required the pursuit of rural electrification. And with electricity came standard-of-living benefits throughout Punjab that go well beyond agriculture.
Besides, when was the last time you can recall a famine in India?
The internal contradiction basic to commodity agriculture is harvest abundance = plunging prices. Since basic food stuffs are vital to society, government involvement in agriculture is of great importance in mitigating this contradiction to the society's overall well being. It's the form that involvement takes that's the real question.
Yup, that's that argument the government bureaucrats and politicians always bring up to justify the subsidies, marketing boards, agricultural quotas, and all manner of other programs that seem so essential to modern life...:rolleyes:
Yup, that's that argument the government bureaucrats and politicians always bring up to justify the subsidies, marketing boards, agricultural quotas, and all manner of other programs that seem so essential to modern life...:rolleyes:
This farmer's dilemma is found in all the classical economists, addressed in various ways by the capitalist states and by the socialist ones during their run. How do you see that historical 'problem' ?
Comment