Finance capitalism and the rush for natural resources
- 30 September 2020
A new report explores how global finance has transformed land and nature into financial assets, driving violence and environmental destruction.
A new report explores how global finance has transformed land and nature into financial assets, driving violence and environmental destruction.
If left unchecked, there is a danger that land grabbing and land concentration, will block the entry into farming of young and aspiring farmers, while leading to the further exit of Europe’s small farmers.
Will FPIC ‘help’ or ‘hurt’ the cause of agrarian justice? The dilemmas and challenges of using FPIC are already surfacing and warrant closer attention.
Land grabbing is an expression of the dominant development model based on production and consumption patterns in which financial capital reigns.
If, as our analysis suggests, there is a need to transition the people’s demand for land from ‘land reform’ and ‘land tenure security’ to something else, then ‘land sovereignty’ as a framework is worth considering.
This fact sheet highlights the involvement of the EU in the global land grab, both directly through the involvement of European capital and corporations in the acquisition of land and indirectly through EU policies that commodify land.
This paper from TNI examines a range of positive alternative investments which strengthen the right to food, re-valorise agricultural work, and build up ecological capital.