Today's Stories

October 1 , 2008

Steven Conn
Trashing Sarah Palin: the Boomerang Effect

September 30, 2008

Pam Martens
What Wall Street Hoped to Win

Chris Floyd
The Shadow of the Pitchfork: Elite Panic on Wall Street

Stephen Martin
A Biological Walk Down Wall Street

Deepak Tripathi
A Bitter Harvest in Afghanistan

Mark Engler
Bad Money

Jonathan Cook
The Attack on Zeev Sternhell: Has Israel Become a Breeding Ground for Jewish Settler Terrorism?

Dave Lindorff
The Power of No

Manuel Garcia, Jr.
Time for a General Strike?

Ahmad Faruqui
In Cold Blood: Buried Alive in Pakistan

John Chuckman
Will the Bride Wear White? As Rome Burns, Bristol Palin Prepares to Tie the Knot with Mr. "Sex on Skates"

David Macaray
Blaming the Labor Unions

Fatemeh Keshavarz
What Obama Could Have Said

Website of the Day
538: a Cognitive Map of American Politics

September 29, 2008

Mike Whitney
Black Monday

Jeff Gibbs
"Just Say No!" to Reverse Robin Hood

Paul Craig Roberts
Why America Should Listen to Ahmadinejad

Peter Morici
The Bailout and the Economy

Tim Wise
Racism as Reflex

John Walsh
Sarah Palin is a Rotten Mom

Uri Avnery
Israeli Fascism: Yes, It Can Happen Here

Alan Farago
Hell to Pay: the Financial Collapse and the Housing Market

Andy Worthington
Is Khalid Sheikh Mohammed Running the 9/11 Trials?

David Michael Green
Where's the Repudiation?

Carl Finamore
Capitalism on Steroids; Labor on Tranquilizers

Iris Keltz
Postcards from the DNC

Bill Hatch
Take This Shrimp Slayer!

Website of the Day
Tina Fey as Palin, Round Two

September 27 / 28, 2008

Alexander Cockburn
How McCain Blew It

Linn Washington, Jr.
Alaska's Blacks and Palin: a Strained Relationship

Christopher Ketcham
An Israeli Trojan Horse

Mike Whitney
The People vs. the Banksters

Kevin Alexander Gray Race in the Race: Is Obama Shining Us On?

Anthony DiMaggio
The Unspoken War: Pakistan, the Media and Nuclear Weapons

Mary Lynn Cramer
Their Assets; Our Debts: How Economic Crises Are Overcome

Marc Levy /
Susan Erony
War Jokes Wanted: No Laughing Matter

Stan Cox
Livestock of Mass Destruction: Germ Labs in the Heartland

Saul Landau
Election Drizzle

Ali Khan
Meltdown in American Markets: an Islamic Perspective

David Rosen
The Great Fear: the Sexual Politics of Sarah Palin

Todd Alan Price
Bailing Out the Foes of Public Eduction

Matts Svensson
The Red and White Bird in Gaza

Ron Jacobs
Pakistan Through the Eyes of a Native Son

Robert Fantina
McCain and the Economy

Richard Rhames
Hank-ering for a Bailout

David Krieger
The U.S.-India Nuclear Proliferation Deal

Seth Sandronsky
Rethinking Charter Schools

Charles R. Larson
Dear Mrs. Abacha: a Nigerian Email Romance

Kim Nicolini
Sadism in the Desert

Poets' Basement
La Morticella, Holt, Moser and Buknatski

Website of the Day
The Great Schlep

September 26, 2008

Moshe Adler
Bailing Out Wall Street Won't Save Main Street

Bill Quigley
The U.S. War on Unarmed Working Mothers

Jonathan Cook
When Archaeology Becomes a Curse

Manuel Garcia, Jr.
Visions of Pinpoint Control: the Romance of Laser Weapons

Madis Senner
Why the Bailout will Fail

Brian Cloughley
US Raids in Pakistan: Violations of Sovereignty

Niranjan Ramakrishnan
Oh, Henry!

Joanne Mariner
Passport Fraud and Torture

Dan La Botz
The Financial Crisis: a View from the Left

David Macaray
Ralph's Management Indicted by Federal Grand Jury

Website of the Day
Nader and Obama Girl at the Office

September 25, 2008

Michael Hudson
The Insanity of the $700 Billion Giveaway

Sharon Smith
Democrats and Corporate Bailouts

Ralph Nader
Who Will Show Some Backbone Against the Bailout?

Christopher Ketcham
The Economy of Dead Sperm (or What I Learned From My Race-Car Grandpa Who Had No Bankers)

Eric Toussaint
Is Another Third World Debt Crisis in the Offing?

Robert Weissman
Getting Wall Street Pay Reform Right

David Estabrook
A Better Bailout Plan

Nikolas Kozloff
The Voyage of the SS Peter the Great

Steve Early
The High Price of Purple Dissent

Judith Scherr
Blue Helmets in Haiti

Laray Polk
South Ossetia and Abkhazia: Notes from the Inside

Website of the Day
Letterman Spanks McCain

September 24, 2008

Paul Craig Roberts
The Bitter Fruits of Deregulation

Nikolas Kozloff
Palin at the UN: a Tutorial from Uribe

Robert Weissman
The Financial Crisis: How and Why Congress Should Play for Time

Andy Worthington
The Guantánamo Trials: Govt. Says Six Years Not Long Enough to Prepare Evidence

Steve Conn
Will Nader's Warning be Acknowledged in the Presidential Debates?

Karyn Strickler
The $700,000,000,000 Power Punch

Diane Farsetta
Stealth Marketers Gone Wild

Dennis Loo
Poisoned Legacy

John Halle
Wealth Tax Now!

Khalil Nakhleh
Palestinians Under the Occupation

Website of the Day
Nader: Debate Crasher

September 23, 2008

Rev. Jesse Jackson, Sr.
Bail Out on This Bailout

Michael Hudson
Henry Paulson and the New Yazoo Land Scandal

Tariq Ali
Why was the Marriott Targeted?

Patrick Dyer
A Death Row Visit with Troy A. Davis

Franklin Lamb
Hezbollah and the Palestinians

Joshua Frank
Oppose Barack Obama? How Dare Thee!

Alan Farago
Pushing the Referees: How the Financial Crisis Occurred

Dave Lindorff
The Bailout Will Kill the Dollar

Tanya M. Kerssen /
Roger Burbach
Bolivia's Popular Upheaval

Harvey Wasserman
Nuclear Power Liabilities Dwarf Bush's Wall Street Bailout

Website of the Day
Hammered by the Irish: the Video

September 22, 2008

Michael Hudson
The Paulson-Bernanke Bank Bailout Plan: Will the Cure be Worse Than the Crisis?

Mike Whitney
Mushroom Clouds Over Wall Street

Christopher Ketcham
Let It Collapse!

Ron Jacobs
The Predators' Bailout

Anne-Marie McManus
Lost in the Rhetoric of Crisis

Robert Weitzel
The Twin Terrors of the Holy Land: a Sexy Fundamentalist and a White-Haired Zionist

Wajahat Ali
An Interview with Howard Dean

John Ross
A New Cold War Comes to Latin America

Steve Breyman
Does the U.S. Really Need Cluster Bombs?

Patrick Bond
On the Bellies of the Filth

Uri Avnery
Fly, Tzipora, Fly

Carl J. Mayer
An Open Letter to Michael Moore (AKA God's Pen Pal): Whatever Happened to Voting Your Conscience?

Website of the Day
Stop the Execution of Troy Anthony Davis

September 20 / 21, 2008

Alexander Cockburn
Is This the Stake Through Neoliberalism's Heart?

Michael Hudson
America's Own Kleptocracy

Pam Martens
The Wall Street Model: Unintelligent Design

Lila Rajiva
Putting Lipstick on an AIG

Mike Whitney
Full-Spectrum Breakdown

Richard Rhames
A Bailout to Nowhere

Bill Moyers /
Michael Winship
The NY Yankees and the U.S. Economy

Bill and Kathleen Christison
The Making of Recent U.S. Middle East Policies: a New Study of Neocon Influence

Susan Block
Palin as Venus in Furs: the Dominatrix Politics of Drilling and Killing

Robert Fantina
Republicans and Subpoenas: Never the Twain Shall Meet

Heidi Walters
Hung Up on Route 36: an 18-Wheeler and a Nuclear Cask

David Yearsley
Germany's Lost Organs: When Bigger Was Better

Raymond J. Lawrence
The Politics of Tribulation: Sarah Palin and the Rapture

David Rosen
One Billion Pills Later: Viagra at 10

David Michael Green
Living in Sarah Palin's America

Anthony Papa
Imprisoned Voters and the Elections

Niranjan Ramakrishnan
Freddie, Fannie, Daddy, Nanny

Howard Lisnoff
When We Notice the Homeless

John Goekler
Leaving Every Child Behind

Missy Beattie
Impalement

Dave Zirin
Leave Josh Howard Alone

Charles R. Larson
Holden Caulfield, Rest in Peace

Tim Matson
Too Big for His Birches: Woodlot Economics

Susie Day
Attack of the Angry Fetus

Poets' Basement
Corseri, Gibbons, Jenkins and Ford

Website of the Weekend
Dylan & Baez: Deportees

September 19, 2008

Steven T. Banko
McCain's Passion Play

Mike Whitney
The Point of No Return

Michael Hudson
The Dow Jones' Wonderfully Cheesy Addition

William Kaufman
Shattering the Glass-Steagall Act: the Bi-Partisan Origins of the Financial Crisis

Brenda Norrell
The Fall of Lehman Bros.: Blowback for Black Mesa?

Keeanga-Yamatta Taylor
The New Rhetoric of Racism: Why Won't Obama Call It Out?

Clifton Ross
Bolivia: Cleaning Up the Bull Ring

Dave Lindorff
Hang On to Your Wallets: the Government's About to Rescue Us!

Cynthia McKinney
Seize the Time!

Susan Hurlich
Storm Survivors: a Dispatch from Cuba

Michael Donnelly
Let's Hand It All Over to the Democrats (They Helped Create This Mess)

Website of the Day
The Crisis Explained

September 18, 2008

Benjamin Dangl
The Machine Gun and the Meeting Table

Harvey Wasserman
The Senate's Drill, Drill, Drill Scam

Susan Abulhawa
The Lobby Has Spoken: Biden and Israel

Robert Weissman
After the Fall: the Financial Re-Regulatory Agenda

Anne-Marie McManus
McCain's Cinderella: the Fetishization of Sarah Palin

Corey D. B. Walker
The Poverty of 21st Century Progressivism

William S. Lind
Senator O'Bush: Why Obama is Wrong on Iran and Afghanistan

Ron Jacobs
Washington's False Logic of Torture

Dave Lindorff
American and China: Joined at the Hip

Binoy Kampmark
How Damien Hirst Got Away With It

Website of the Day
An Invisible Army

September 17, 2008

Stephen Conn
Palin and the Politics of Big Oil

Forrest Hylton
Reactionary Rampage in Bolivia

Patrick Cockburn
Petraeus Leaves Iraq

Gregory Elich
Inside North Korea

Ralph Nader
How the U.S. Auto Industry Wrecked Itself

Franklin Lamb
The Palestinians of Shabra-Shatila

Pam Martens
The Gang's All Here: Bush, McCain and the Old Iran/Contra Team

Dave Lindorff
The End of the Blue Chip Economy

Peter Morici
The Damage Deepens

Stanley Heller
The Killing of Count Folke Bernadotte

Douglas Valentine
Rambling David Foster Wallace

Website of the Day
Free Cindy McCain!

September 16, 2008

Paul Craig Roberts
US Economy: Rudderless and Reeling from Direct Hits

Tiphaine Dickson
Citizen Palin: Why Sarah Palin Quoted Westbrook Pegler

Stan Goff
America is Now Rome: an Open Letter to Christian Troops in Iraq and Afghanistan

Uri Avnery
Tzipi's Choice

Michael Winship
Lipstick on Polar Bears

Jeff Halper
Warehousing Palestinians

Patrick Irelan
Bolivia Versus the Empire

Oscar Gonzalez
Who's Dumber? Ike's Refugees or Wall Street's?

Binoy Kampmark
Cheney and His Records

Fatemeh Keshavarz
Muslims are at Peace with You

Sen. Russ Feingold
Restoring the Rule of Law

Website of the Day
The Next Great Rock Band?

September 15, 2008

Mike Whitney
The Tumbrils Roll at Dawn

Peter Morici
Toxic Lehman

Patrick Cockburn
Take Another Look at the Surge

Charles R. Larson
The Maverick Has No Clothes

Jonathan Cook
The Expulsion of Palestinians from Jaffa

Nikolas Kozloff
Racist Rhetoric in Bolivia

Roger Burbach
Morales Confronts the Insurrection: Bolivia and the Echoes of Allende

Helen Redmond
Where's the Health Care Bailout?

David Michael Green
The Democrats Do Poland

David Macaray
The Boeing Strike

Ralph Nader
Remembering Peter Camejo

Website of the Day
The Ballad of Sarah Palin

October 1 , 2008

A Crisis of Faith?

Food and Markets

By ADAM W. PARSONS

In the wake of a food crisis that gripped the media’s attention during the summer of 2008, a new set of questions is beginning to surface. As analysts predict that the era of cheap resources is finally over, that the food emergency is no blip but a situation that could last indefinitely, the international community is being forced to re-examine the basic direction of world development.

Could it be that the interlinked crises in food, energy and financial markets indicate the commencement of a terminal decline in the export-led, free market development model that has defined the past few decades of globalisation? Or will the emergency in food provision, as previously happened in 1974, reinforce the same policies in favour of large-scale industrial farming that have already devastated rural communities throughout the developing world?

The inability of world leaders to face up to the root causes or policy contradictions of a food crisis is nothing new. Throughout the 1980s and 90s, mass protests over a recurring food crisis in developing countries were popularly known as “IMF riots”, although the solutions – as today – were handed to the very structures that caused those crises.

The Ethiopian famine during the 1980s led not to initiatives that helped sustain poor rural dwellers, but rather the dedication of good land to export crops under the tutelage of the World Bank, thus further exacerbating food insecurity and storing up a repeat of the famine situation that is surfacing today. In Peru in August 1990, following the dictats of the IMF, fuel prices increased 30 times overnight, and bread prices increased 12 times within a day. In Caracas, 1989, after a 200 percent increase in the price of bread, anti-IMF riots led to the indiscriminate killing of men, women and children.

More examples could be repeated ad infinitum. Compared to the last major food and fuel crisis of 1973/4, which culminated in similarly vain promises from the FAO’s first World Food Conference to end hunger and prevent a repeat occurrence, the needed lessons after 34 years are far from being acknowledged.

The main difference today is in the parting of extremes, or the deepening polarisation between alternative paradigms, narratives and solutions. On one side of the court stand the impassioned NGOs and hardened campaigners who have long opposed large-scale agribusiness in place of food sovereignty, bottom-up development, and the empowerment of small farmers through local and regional markets. The food price crisis, they say, has exposed the disaster of global agricultural production and the conclusive failure of a market fundamentalist ideology left unchecked for far too long.

On the other side of the court, supported by Gordon Brown, George W. Bush, Bill Gates’ pockets and the most powerful financial institutions in the world, stand the Green Revolutionaries led by chemical technologies and multinational corporations from the E.U and U.S.A. One path, say almost all of the NGOs, will lead to social justice, the strengthening of local communities and food security for all, while the current path is inherently unsustainable, responsible for continued hunger in a world of plenty, and incapable of ending poverty.

By 2008 it should be a platitude to state that the escalating global food crisis, which some NGO’s are pointedly distinguishing as the “food price crisis”, is the inevitable long-term consequence of misguided economic policies and a disastrous free market restructuring of agricultural land. The official version of history over the past few decades as interpreted by G8 governments, however, could not be more different. In the World Bank’s latest World Development Report 2008 on agriculture, the same model of development that has created a global crisis in food production in the first place – import liberalization, elimination of tariffs, a dependency on cash crops, GMO seeds and fertilizers, and all other measures that work in favour of agribusiness and against the millions of small-scale farmers struggling against poverty and hunger - is being promoted as the only solution.The $1.2 billion of extra loans as part of the World Bank’s ‘Global Food Crisis Response Facility’ will be handed out with the same underlying conditions of further trade liberalisation and market reforms.

Likewise, the IMF used the crisis to augment its existing arrangements under the Poverty Reduction and Growth Facility (PRGF), attaching the same conditions requiring structural adjustment to the 10 countries, mostly in Africa, already forced to make new agreements. The World Trade Organisation similarly tried to capitalise on the crisis by working to increase its mandate through the Doha Round of trade agreements, alongside a push to persuade developing countries to further liberalise their financial sectors under the General Agreement on Trade in Services (GATS).Between the expert rhetoric and analysis by international financial institutions on the catastrophic extent of the crisis, with even the IMF declaring that some countries are at “tipping point”, their proffered medicine is still being mixed with the same deep-seated poisons.

This basic contradiction of agreeing to increase agricultural production in developing countries to address the plight of small and poor farmers, while promoting policies that achieve the opposite ends, was set in stone after the UN’s emergency food summit held in Rome. The final declaration made no attempt to address the structural problems and deeper causes of the crisis, as evidenced in key paragraph 7(e) that concluded: “We encourage... efforts in liberalizing international trade in agriculture by reducing trade barriers and market distorting policies.” A rare mention of small farmers was only made in reference to international markets, underlining the continued prioritising of market fundamentalism and trade over food security. A renewed commitment was made to reduce by half the number of undernourished people by 2015, but after 45 years of similar promises one NGO called this “the big lie” that no-one at the Summit believes will happen.

Despite both Ban Ki-moon and Jacques Diouf’s impassioned speeches and articles over the period of the Summit, neither of them sought to address the entrenched structural origins of the food crisis. Most worrying was Ban’s simplistic prescriptions for improved market efficiency and a 50 percent rise in food production by 2030 to meet rising demand, thus playing into the hands of politicians who seek to divert political debate away from the role of agribusinesses in the current food crisis, as well as the corporations who wish to accelerate a “Doubly Green Revolution” in agriculture as propounded by Bill Gates and the Rockefeller Foundation.

The inevitable result, without a critical re-examination of the unsustainable manner in which food is produced and distributed, will be more of the same; more privatization, more corporate monopolization of food systems, more GMO crop initiatives, more displacement of poor farmers, more migration into cities and slums, more hunger, more poverty, more overconsumption and obesity. And all this without even considering the environmental footprint of producing more food on less available land, or transporting more food through international markets which contradicts the urgent need of reducing CO2 emissions. The search for technical fixes to produce cheap and abundant food may have made sense in the 1940s, but 70 years of the “productionist” model has led to the vital challenge of defining a sustainable diet – one that recognises the central crisis of distribution and overcomes the co-existence of under-, over- and mal-consumption in a world defined by extremes of inequality. Not even Ban Ki-moon, it seems, was able to acknowledge the most basic contradiction of all: that already we are producing more than enough food.

There are signs, however, that the world direction is changing course. As a knee-jerk response to skyrocketing food price inflation, those developing governments fortunate enough to have export stocks began pulling out of the global market to safeguard their domestic prices. The failure of the Doha round of trade negotiations, which sought to further liberalise agricultural markets, was widely interpreted as recalcitrance on the part of developing countries – and the issue of agriculture, in the light of the food crisis, was cited by most accounts to have provoked the collapse.

The only source of good to emerge from spiralling food price inflation is the resultant crisis of faith amongst poorer and developing countries in neoliberal economic orthodoxy. Unlike the crisis of 1970s stagflation that signalled the end for the Keynesian social-democratic model, 2008 could be marked down in history for setting in motion an opposite trend. A notable example of this gradual shift in economic thinking is set down in the UN’s latest World Economic and Social Survey (WESS), released a week before the G8 Summit. A belief in the self-regulating market is no longer credible, was the Report’s message, noting that “John Maynard Keynes, until recently persona non grata in policy circles, is once again the ‘defunct economist’ to consult.”

Such an acknowledgement of the redistribution agenda is no longer confined to renegade economists exempt from mainstream discussion. Although the food price crisis has failed to serve as a wake-up call to world leaders, a crucial international debate has started to emerge on the whole theology of food security. For now, the redundant model of export-led agriculture and import dependency has won through, but the calls for people-led social change are rapidly achieving a long-awaited consensus.

Adam W. Parsons is the editor for Share the World's Resources (stwr), an NGO that advocates for essential resources such as food, water and energy to be shared internationally under the agency of the United Nations. He can be reached at editor@stwr.org.

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