Bank speculation & food crises
A new report by the 'World Development Movement' describes "how the current situation came to pass, the risks of another speculation induced food crisis, and what specifically can be done by policymakers here in the UK as well as in the US and EU to tackle the problem. "
Concludes that "reregulating commodity markets is a vital step in tackling hunger and reshaping the global economy to work for the benefit of people rather than profit for the small elite of bankers."
Capitalism is not even mentioned once, let alone blamed, still the report makes interesting reading. The question is how can crises, which are systemic and regularly occuring, be overcome through system 'regulation', rather than system change?
Download the report at:
http://www.wdm.org.uk/sites/default/files/hunger lottery report_6.10.pdf