We Can't Eat or Drink Profits

Food and water are basic human rights not commodities and people should not be subject to fluctuating prices and supply in the privatized, unregulated, profit-oriented market that benefits investors and multinational corporations.  Treating food and water as commodities is the quintessential example of profits over people.  It makes no sense to allow one group to earn profits at the expense of another group's ability to feed itself.

The speculation boom is one extreme example of investors funneling their money into speculative exchanges rather than into real production that contributes to the economy.  Speculators have also contributed to the rapid rise in oil prices which also contribute to the expense of growing food,

Even some of the so-called natural factors that contribute to a worldwide shortage of food such as floods and droughts may very well be related to global warming which is partly a result of the government's refusal to manage greenhouse emissions and seek alternatives to fossil fuel.

Government has turned a blind eye to the privatization of water and the regulation of water consumption, and toxins which pollute the water.  Forty percent of American rivers and streams have been so severely polluted that they are dangerous for fishing, drinking, and swimming.  For a number of reasons, a major part of the United States is running out of water.  For example, California has a twenty year supply of freshwater remaining, New Mexico a ten year supply, and Arizona is out.

The problem is worldwide.  In addition to companies such as Coca Cola and Nestle depleting aquifers in India and countries turning to biofuels which requires large quantities of water, countries have been forced by the IMF, largely under the control of the U.S. Treasury, to privatize their water putting the price beyond the reach of most people.

The trend of profits over people has penetrated our basic needs as human beings and is no longer only sucking the dollars out of our pockets but the food and water from our mouths.  Governments need to recognize that their mandate is to serve the people not the coffers of large corporations and actively engage themselves in this problem.

http://www.stateofdarkness.com



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Re: We Can't Eat or Drink Profits (none / 0)

Our priorities are all screwed up. Rec


by Politicalslave on Wed Aug 13, 2008 at 09:56:37 AM EST

Re: We Can't Eat or Drink Profits (none / 0)

the problem is with definitions it seems to me. people have been sold a bill of goods that somehow money is wealth. It isn't wealth is how many resources you have, not if you can pull some paper from a bank and go to Wal-mart to boost China's slave labor and massive pollution industries...


by zerosumgame on Wed Aug 13, 2008 at 11:26:12 AM EST
[ Parent ]

Re: We Can't Eat or Drink Profits (none / 0)

Indeed, our priorities are screwed up.  We need people to be self-sufficient and not seeking hand outs.  We need to assist those who practice positive virtues and who are in need through no fault of their own and we need not assist those who do not practice positive virtues and who do not intend to do so.

Food, clothing, shelter, etc. are necessities, but they are not rights, just like health care is not a right.


by LesGovt on Wed Aug 13, 2008 at 07:42:22 PM EST
[ Parent ]

And the alternative is...? (none / 0)

Socializing the food and water system?  Russia did that, then we had to feed them...

Capitalism is a 500hp engine for productivity that needs to be regulated so it does not self-destruct (taking out the surrounding countryside), not to be replaced with the hamster-wheel of socialization.

We need better engine-management systems, not a yoke.

-chris


Motley Moose: Progress Through Politics
by chrisblask on Wed Aug 13, 2008 at 10:21:28 AM EST

Re: And the alternative is...? (none / 0)

those are not the only 2 choices. Trying to force it to be either "dirty commies" or robber barons and nothing in between is dishonest.


by zerosumgame on Wed Aug 13, 2008 at 11:24:11 AM EST
[ Parent ]

Caveating everything is cumbersome (none / 0)

and the diary only states the one position, so I put down the other.

But therein lies the continued question: what is the alternative?  I have my own thoughts on that, but the diarist threw down the issue so I'd rather hear their own.

-chris

Ps - in fact, we do eat and drink profits - that's what pays for all the food and water we consume...


Motley Moose: Progress Through Politics
by chrisblask on Wed Aug 13, 2008 at 01:36:50 PM EST
[ Parent ]

Re: We Can't Eat or Drink Profits (none / 0)

While I may agree that the state of our rivers and aquifers is perilous. And we must act and act quickly.

I can't agree about food is not a commodity. It is and always has been and always will be.

A commodity is anything for which there is demand, but which is supplied without qualitative differentiation across a market. In other words, copper is copper. Rice is rice. Stereos, on the other hand, have many levels of quality. And, the better a stereo is, the more it will cost. Whereas, the price of copper is universal, and fluctuates daily based on global supply and demand.

The only way you take the market out food prices is to have price controls or state run food producers. Government run farms don't work. I think if you look back at all the countries that have tried this they have been a resounding failure. Price controls don't work because you would have to control everything in the food producing chain, oil (fuel and fertilizer) wages (farm workers) real estate and loans (the farmers land and credit) etc etc. Price controls also, historically, have lowered production and not increased it.

Example, Russia, during the communist era  consistently needed to import wheat to meet basic needs. Now that state run farms are gone Russia is the 5th largest producer of wheat in the world.

Like it or not profit is an incentive not only to grow more, but grow more efficiently.

The issue is not that food is a commodity, it is the fact that there is a shortage of basic staples such as corn. Why? Ethanol is one big reason, and yes global warming maybe another as drought and flood lower per acre production. Then you have the issue of too many countries not growing enough food to feed their own populations.


Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof.
by jsfox on Wed Aug 13, 2008 at 10:28:10 AM EST

Re: We Can't Eat or Drink Profits (none / 0)

Profits are essential in America's economy.  Without profits, no one will eat as no one will have a job.


by LesGovt on Wed Aug 13, 2008 at 07:44:21 PM EST


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