Over a decade ago, Dollars & Sense published the article “Genetic Engineering and the Privatization of Seeds,” by Anuradha Mittal and Peter Rossett, on genetic modification and its impact on the world food system (March/April 2001). In it, the authors asked, “will biotechnology feed the world?” while providing an overview of the landscape of corporate control, widening inequality, private property claims, and growing farmers’ resistance around the world. This article acts as a follow-up, highlighting some of the key developments in recent years.
For most of history, farmers have had control over their seeds: saving, sharing, and replanting them with freedom. Developments in the course of the 20th century, however, have greatly eroded this autonomy. Legal changes, ranging from the Plant Variety Protection Act (1970) in the United States to the World Trade Organization’s Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), have systematically eroded farmers’ rights to save seeds for future use. By the end of 2012, Monsanto had sued 410 farmers and 56 small farm businesses in the United States for patent infringement, winning over $23 million in settlements. Here, we describe some of the key developments further intensifying corporate control over the food system. It is not, however, all bleak news. Civil society groups are using everything from grassroots protest to open-source licensing to ensure that the enclosure and privatization of seeds comes to an end.
Increasingly, development money is being channelled through third parties such as banks or private equity funds.
The world’s leading proponent of this financing model, the International Finance Corporation, spent $36 billion this way in just the four years leading up to June 2013.
But what does this ‘hands-off’ form of development financing mean for people? Are the risks to communities and their livelihoods just too high given the weaker social and environmental protections entailed?
This report tells the human story behind the high finance and statistics, and asks whether reforms to this model of lending have gone far enough to protect communities.
An interesting report named “Illicit financial flows, human rights and the post-2015 development agenda” has been submitted to the Human Rights Council on 9 March 2015 under the agenda item “Promotion and protection of all human rights, civil, in political, economic, social and cultural rights, including the right to development”.
The report outlines how illicit financial flows undermine the enjoyment of economic, social, cultural, civil and political rights and emphasizes the need for political action.
Read more: Why Fighting Illicit Capital Flows is not a priority?
Dr. Fanwell Kenala Bokosi, Executive Director of The African Forum and Network on Debt and Development (AFRODAD) -- a civil society organisation that advocates for debt cancellation, has described Africa’s rising debt as “unsustainable”.
“Accumulating debt is not the way forward, and the rate at which it is building up is unsustainable. Firstly, when you acquire debt you have to pay more than you get because it comes with interest; and secondly, debt makes it difficult for you to do the things you want,” he said.
It’s time to broaden the debate on how to fund a universal basic income by including options for sharing resource rents, which is a model that can be applied internationally to reform unjust economic systems, reduce extreme poverty and protect the global commons.
Few debates highlight the many complex issues around how governments should share a nation’s wealth and resources as much as the current discourse on basic income. Also referred to as a citizen’s income, the policy generally refers to the unconditional and universal payment of a regular sum of money to a country’s residents, usually as a replacement for a range of existing state benefits such as pensions, child allowances, tax credits and unemployment payments. Unlike many other policies that challenge the status quo, the scheme commands substantial support across the political spectrum – from progressives who hope it can reduce inequality and improve social justice, to neoliberals seeking to further diminish the role of the state in delivering a full range of welfare services. The idea also has a long historical precedent, with Thomas Paine, John Stuart Mills, Martin Luther King and Milton Friedman featuring among the numerous prominent figures who have supported the idea, in one form or another, since the late 1800s.[1]
Read more: From Basic Income to Social Dividend: Sharing the Value of Common Resources