START A PETITION 25,136,189 members: the world's largest community for good
START A PETITION
x

'Land Grabbing': Foreign Investors Buy Up Third World Farmland


Business  (tags: 'CIVILLIBERTIES!', 'HUMANRIGHTS!', africa, asia, conflict, freedoms, ethics, HumanRights, humanrights, humans, government, politics, society, world, abuse, business, consumers, corporate, corruption, dishonesty, economy, Entrepreneurs, ethics, farming, fi )

JL
- 417 days ago - spiegel.de
Foreign investors are buying or leasing vast amounts of farmland in Third World countries to profit from surging demand for food crops as a result of rapid population growth."Land grabbing" amounts to a new form of colonialism that often runs counter to



Select names from your address book   |   Help
   

We hate spam. We do not sell or share the email addresses you provide.

Comments

JL A. (269)
Monday February 25, 2013, 9:15 am

'Land Grabbing': Foreign Investors Buy Up Third World Farmland

Foreign investors are buying or leasing vast amounts of farmland in Third World countries to profit from surging demand for food crops as a result of rapid population growth. "Land grabbing" amounts to a new form of colonialism that often runs counter to the interests of locals.
A tea farm in UgandaZoom
REUTERS

A tea farm in Uganda

A number of developing nations have sold or leased much of their farmland to foreign investors. The list is led by Liberia, whose arable land is 100 percent under foreign ownership.

ANZEIGE
The process is known as "land grabbing," and it is affecting countries in Africa, South America, Asia and Eastern Europe. Around half of the farmland of the Philippines is owned by foreign investors. In Ukraine, American companies have secured over one-third of the country's farmland.

Population growth in countries like India and Brazil is driving up demand for cereal crops, and investments in farmlands offer the chance of solid returns.

In many cases, the population suffers from this new form of colonialism, and the planting of monocultures tends to sap the soil.

Graphic: Land-Grabbing Around the World.Zoom
DER SPIEGEL

Graphic: Land-Grabbing Around the World.
 

mag.w.d. Aichberger (34)
Monday February 25, 2013, 12:13 pm
land grabbing --- One Little Letter -- a CodeGreen cartoon by Stephanie McMillan (no en.wiki-page yet -- author of comic strip "Minimum Security", and with Derrick Jensen of "As the World Burns: 50 Simple Things You Can Do to Stay in Denial" (2007) and "The Knitting Circle Rapist Annihilation Squad " (Nov. 2012))
 

JL A. (269)
Monday February 25, 2013, 1:08 pm
You cannot currently send a star to FRACK because you have done so within the last week.
 

Lynn Squance (219)
Monday February 25, 2013, 10:51 pm
Isn't the meme of the nouveau capitalist --- maybe even not so nouveau --- anything for a buck! It is time that countries looked at who is acquiring their farm land and what that land will be used for.

The article is quite correct when it says "the planting of monocultures tends to sap the soil." When land is not allowed to llie fallow for a period, or if crops are not sufficiently rotated, the soil is ruined, crop sizes decrease, and production grinds to a stop. Then what? The land barons start using GMO seed (that is if they aren't already) and other chemicals to boost the crops. After that, they abandon the land as useless and move on.

A new form of colonialism, indeed! Colonialism will nit feed the world's hungry!
 

JL A. (269)
Monday February 25, 2013, 11:19 pm
Excellent explanation of the dangers ahead Lynn! You cannot currently send a star to Lynn because you have done so within the last week.
 
Or, log in with your
Facebook account:
Please add your comment: (plain text only please. Allowable HTML: <a>)

Track Comments: Notify me with a personal message when other people comment on this story


Loading Noted By...Please Wait

 

 
Content and comments expressed here are the opinions of Care2 users and not necessarily that of Care2.com or its affiliates.