GEOG 3320 Lecture Notes - Lecture 3: Palm Oil, Food Sovereignty, Dominate
23 Sep 2016
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Lecture 3: financialization & land grabbing in agriculture. Early 1990s: rise in the financialization of agriculture. The 2007-08 food crisis has focused the attention of the development industry on incorporating small-scale farmers into commercial agriculture, and thus, the global food production and supply system - mcmichael. 2009: rise in instances of land grabbing. 1970s term, work of david harvey on the historical geography of industrial capitalism. Capital crises fix themselves by moving around. Depicts the inherent contradictory nature of capitalism, which has explicit geographical dimensions. Reflects the need of capital to spread out to overcome its crises of over- accumulation. Securing/ deepening a presence in specific locations as a result. Value-chain agriculture: refers to the whole range of goods and services necessary for an agricultural product to move from the farm to the final customer or consumer. Contemporary agri-food industry expansion is being fueled through debt dependency.
