Hungry Capital The Financialization of Food by Luigi Russi

Hungry Capital The Financialization of Food by Luigi Russi

Over the past thirty years, the ability of global finance to affect aspects of everyday life has been increasing at an unprecedented rate. The world of food bears vivid testimony to this tendency, through the scars opened by the 2008 world food price crisis, the iron fist of retailing giants that occupy the supply chain and the unsustainable ecological footprint left behind by global production networks. Hungry Capital offers a rigorous analysis of the influence that financial imperatives exert on the food economy at different levels: from the direct use of edible commodities as an object of speculation to the complex food chains set up by manufacturers and supermarkets. It argues that the circular compulsion to build profits upon profits that global finance injects into the world of food restructures the basic nurturing relationship between man and nature into a streamlined process from which value has to be mined. The end result is a monstrous Leviathan that holds together while - at every step - risks to crumble.

Luigi Russi takes up an issue that will dominate the lives of people everywhere in the coming years: the adequacy and safety of our foodHe brings insights from the worlds of finance, legal sociology and political economy to link processes of global capitalism with the appalling persistence and increase of hunger and malnutrition. A must read. --Jayati Ghosh

Luigi Russi is an academic researcher at City University London and the International University College of Turin working on food and finance.

SKU	Unavailable
ISBN 13	9781780997711
ISBN 10	178099771X
Title	Hungry Capital The Financialization of Food
Author	Luigi Russi
Condition	Unavailable
Binding Type	Paperback
Publisher	Collective Ink
Year published	2013-03-29
Number of pages	174
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.