Wall Street’s Africa Land Grab
►http://www.globalpolicy.org/social-and-economic-policy/world-hunger/land-ownership-and-hunger/51842-wall-streets-africa-land-grab.html?itemid=id#1292
Wall Street’s Land Grab in Africa reveals how the financial system endemically thrives off of inequality. With global population growth, rise of middle class diets, and a decrease in crop yields connected to climate change, Wall Street translates yet another case of scarce resources into massive profits. Once international investors have reaped the benefits of cheap land deals and large scale industrial farming, the local population is left to bear the environmental and human costs. In other words, the same financial firms that drove the world into a global recession through risky financial practices are now doing the same with the world’s food supply. The article argues that the only way to minimize the damage is to cut down the size of banks.