Comments on: There is a word for it ….

By: THUS - because it does not have to be that way

THUS - because it does not have to be that way — Sun, 23 Aug 2009 07:40:30 +0000

[...] The problems we saw with the huge price rise in 2008 are still around, bio-fuels, huge agri-businesses exploiting market power, and so on. It is a myth that this was driven by increased demand from China and India, downwards pressure on wages in developing countries has actually reduced per capita food intake in the poor majority of these countries. Adding speculation in food markets yields a lovely recipe for population control (Thus Passim). [...]

By: THUS - because it does not have to be that way

THUS - because it does not have to be that way — Sun, 03 May 2009 07:09:02 +0000

[...] The environment: Limits to those resources makes the dynamics of inequality more acute (free summary). Distribution becomes more of an issue, as you loose cheapo consumer goods as a way of buying off the poor, and also as commodity prices spike, especially food… (Thus passim). [...]

By: THUS - because it does not have to be that way

THUS - because it does not have to be that way — Mon, 24 Nov 2008 10:04:04 +0000

[...] There is a word for it …. [...]

By: John Kelly

John Kelly — Thu, 20 Nov 2008 21:44:03 +0000

‘Econocide’ is a good term to describe the phenomenon you outline, Daniel. It was the title of a book by Seymour Drescher, subtitled, ‘British Slavery in the Age of Abolition.’ Free market globalisation may well be seen as a form of neo-colonial exploitation of the developing world. Interestingly, with a few notorious exceptions, slave owners or exploiters of indentured labour, however greedy or callous, were not sufficiently stupid as to destroy their workforces through starvation. The Nazis and operators of the Russian gulags were, of course, but theirs was an ideological, not economic form of exploitation.