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December 2008

The current meltdown of the global financial system has knocked the crisis caused by runaway food prices out of the news. The fate of investment bankers simply gets more ink than that of those on the edge of starvation. But there is a common thread here – irresponsible profit-seeking with little regard for the future of the vulnerable. This issue dissects the ‘perfect storm’ of conditions that have devastated agriculture in the global south and is undermining the world’s ability to feed itself. The current food price boom is connected to a longer term trend that has created a trap of dependency on an industrial food system based on food imports and agro-chemical inputs. But the NI discovers that it doesn’t take Houdini to find a way out.

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