Risks of Financialization and Price Increases in the Food System - Hunger
Fonte: Comciencia (The long night of hunger) We are realizing that hunger and the abusive food price increases are the results of the financialization of large corporations , especially in the food system . With the expansion of agricultural commodity futures markets, agricultural products such as coffee, corn, soybeans, live cattle , and several others are traded on the Stock Exchanges, intensifying financialization in the food system with large investment funds, such as pension funds, hedge, and shares of private companies, in addition to other speculators. There are several definitions of financialization, but one of them refers to the growth and importance of financial markets in global capitalism in recent years. Thus, financial actors express their motives to institutions operating in domestic and international market economies. With this, the power of corporations in large supply chains increases and the risks of financialization turn food and land into objects of specu