The current food crisis is an opportunity for companies to engage in agriculture or biotechnology.
Raj PatelWe have the industrial agriculturalists who try and make an argument that big is beautiful. But if you do the math, and particularly if you factor in that the price of oil is going to go through the roof, and so the price of transportation is going to go through the roof - making it abundantly clear that it's out of whack. The efficiency arguments are already crumbling, particularly if you actually include the cost of food pollution that these industries cause. They are tremendously unsustainable and tremendously inefficient.
Raj PatelExporters monitor economic and political policies to the developing world, but the consequences of that have been to make developing countries far more sensitive to the constant fluctuations. Developing countries are not always allowed to support their farmers in the same way as the U.S. or Europe is. They're not allowed to have tariff barriers. They're forced, more or less, to shrink their social programs. The very poorest people have fewer and fewer entitlements. The consequence of this has been that there's been a chronic increase in the vulnerability of those economies to price shocks.
Raj PatelThe problem is that we are living now with the consequences of the others people mistake. It would be nice to make our own and learn from them. That is the art of democracy. That is the art of citizenship.
Raj PatelBy the end of the 1960s, the United States owned more than half of the Indian rupee money supply, and that had been acquired through food aid. So I think it's very interesting to see the very long history of how sovereignty and food go together. When some countries remove another country's ability to feed itself, it is a very powerful tool. Imperialist countries, like the United Kingdom, like the United States, have used it for centuries.
Raj PatelOne of the most abused country on earth is Mexico. The marketing spills over the border, and people are persuaded to eat food that's bad for them, more in rich countries than in poor ones. I was traveling the world. What really struck me was the way we engage with food - how it's a global phenomenon - the world becoming more and more disconnected from it.
Raj Patel