[lbo-talk] Once again, food prices

Shane Mage shmage at pipeline.com
Wed Feb 9 08:16:22 PST 2011


On Feb 9, 2011, at 10:50 AM, Marv Gandall wrote:
>
> London Evening Standard
> 9 Feb 2011
>
> ...In 2006, the price of rice more than trebled. There were riots in
> many countries and an estimated 200 million people went hungry. Jean
> Ziegler, the UN Special Rapporteur on the Right to Food, called it
> "a silent mass-murder", entirely due to "man-made actions".
>
Oddly, I never noticed any big change in the price I pay for rice...


> The commodities markets are so opaque that it's difficult to say for
> sure if he's right. What we do know is that in 2008, almost as if
> someone had pressed a magic button, rice prices went back to normal...

Oddly, nobody went on record to call that a "silent mass resurrection...entirely due to man-made actions."

Shane Mage

"All things are an equal exchange for fire and fire for all things, as goods are for gold and gold for goods."

Herakleitos of Ephesos, fr, 90



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