Entrenching Capitalist Agriculture in India Under the Guise of ‘Development’

‘Washington’s long-term plan has been to restructure indigenous agriculture across the world and tie it to an international system of trade based on export-oriented mono-cropping, commodity production for the international market and indebtedness to international financial institutions (IMF/World Bank).
This result has been the creation of food surplus and food deficit areas, of which the latter have become dependent on agricultural imports and strings-attached aid. Food deficits in the Global South mirror food surpluses in the North. Whether through IMF-World Bank structural adjustment programmes, as occurred in Africa, trade agreements like NAFTA and its impact on Mexico or, more generally, deregulated global trade rules, the outcome has been similar: the devastation of traditional, indigenous agriculture for the benefit of transnational agribusiness and the undermining of both regional and global food security.’
Read more: Entrenching Capitalist Agriculture in India Under the Guise of ‘Development’

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